All Products Can Be Valued and Measured in Terms of Dollars

question 105

Multiple Choice

All products can be valued and measured in terms of dollars. This illustrates the ________ function of money.

• A) payment for labour
• B) unit of account
• C) store of value
• D) basis for banking system
• E) medium of exchange

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Definitions:

Euphoria

A state of intense happiness and self-confidence, sometimes artificially induced by the use of drugs or when experiencing certain psychological states.

Recreational Drug

Substances taken for enjoyment, rather than for medical reasons, which can alter perceptions, feelings, or consciousness.

Psychological Dependence

A form of dependence characterized by emotional–mental cravings for a substance or behavior, often in the absence of physical dependency.

Hallucinogens

Substances that alter perception, thoughts, and feelings, often leading to visual or auditory hallucinations.