The Function of Money That Enables Individuals to Exchange Goods

question 24

Multiple Choice

The function of money that enables individuals to exchange goods and services in a common unit of account is called:

• A)medium of exchange.
• B)store of value.
• C)unit of account.
• D)measure of power.

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Definitions:

Enabling

Providing the means or opportunity to make it possible for someone to achieve an aim or perform a specific function.

Validating Feelings

The process of acknowledging and accepting someone else's emotional experiences as valid and understanding.

Generating Alternatives

The process of brainstorming or creating multiple options or courses of action to solve a problem or address a situation.

Fetal Demise

The death of a fetus at any stage of pregnancy before birth.