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One function of money is as a medium of exchange.Which of the following best describes medium of exchange?
Social Security Payments
Regular payments made by the government to support individuals who are retired, disabled, or otherwise entitled to receive such benefits according to social welfare programs.
Equilibrium Quantity
The quantity of goods or services supplied and demanded at the equilibrium price.
Excise Tax
A tax imposed on specific goods, such as tobacco and alcohol, usually aimed at reducing consumption of these goods or generating revenue.
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