Which of the Following Transactions Is an Example of Money

question 16

Multiple Choice

Which of the following transactions is an example of money serving as a medium of exchange?

• A)Roland puts his coins into a piggy bank.
• B)John buys a cup of coffee and a roll at the faculty dining room.
• C)Steve puts a five-dollar bill in his money belt.
• D)Scott deposits cash into a savings account.

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Definitions:

Verbal Immediacy

The use of language to express closeness and reduce the psychological distance between individuals.

Engage

To actively participate or become involved in an activity or interaction.

Compel

To force someone to do something through pressure, threats, or coercion.

Negotiation

A process where two or more parties discuss their differences and try to reach a mutually acceptable agreement.