The Transactions Demand for Money Is Most Closely Related to the Function

question 92

Multiple Choice

The transactions demand for money is most closely related to the function of money as a

• A) unit of account.
• B) medium of exchange.
• C) store of purchasing power.
• D) hedge against inflation.
• E) standard of deferred payment.

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Definitions:

Intervention

An action or process of intervening; a measure or practice applied to modify a situation, often used in health, social care, or policy contexts.

Empowerment

The process of increasing the capacity of individuals or groups to make choices and to transform those choices into desired actions and outcomes.

Parents

Adults who have a child or children, either biologically, through adoption or foster care, or by being a figure of parental guidance.

Communication

The exchange of information, ideas, feelings, or messages between individuals through various means, including verbal, non-verbal, written, and digital channels.