A Checking Deposit Functions as

question 103

Multiple Choice

A checking deposit functions as

• A)a medium of exchange and as a store of value.
• B)a medium of exchange,but not as a store of value.
• C)a store of value,but not as a medium of exchange.
• D)neither a medium of exchange nor as a store of value.

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Definitions:

Census

A complete enumeration or count of a population at a set point in time, gathering various demographic, social, and economic information.

Survey

A method of gathering data from a sample of individuals to discover information about a larger population.

Data

Information collected for reference or analysis.