What Function of Money Is Highlighted When Rhys Buys Flowers

question 3

Multiple Choice

What function of money is highlighted when Rhys buys flowers for his girlfriend for their eighth-day anniversary?

• A) medium of exchange
• B) fiat money
• C) unit of account
• D) store of value
• E) commodity money

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Definitions:

Follower

An individual who supports and is guided by another person, leader, or ideology.

Legitimate Power

A form of authority that is based on the official or formal position held in an organization, granting the power to influence others.

Group

A collection of individuals who come together to achieve a common goal or share a common interest.

Organizational Climate

The shared perceptions and attitudes about an organization that influence members' motivation and behavior.