Which Function of Money Eliminates the Need for Multiple Prices

question 28

Multiple Choice

Which function of money eliminates the need for multiple prices for each good as in a barter system?

• A) store of value
• B) standard of deferred payment
• C) unit of account
• D) valuable relative to its weight

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Definitions:

Interests

Activities, subjects, or fields that attract attention and engagement from individuals or groups.

Confrontation and Problem Solving

Addressing and engaging in direct discussions or actions to resolve disputes, challenges, or issues.

Direct Reports

Employees who report directly to a manager or supervisor.

Conflict

Refers to a situation where there is a clash of interests, values, actions, views or directions between individuals or groups.