Double Coincidence of Wants Is Avoided If Money Is Used

question 96

Multiple Choice

Double coincidence of wants is avoided if money is used as a:

• A)medium of exchange.
• B)measure of value.
• C)standard of deferred payment.
• D)store of value

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Definitions:

Alcohol

A chemical compound commonly found in beverages like beer, wine, and spirits, known to alter consciousness and affect mood and behavior when consumed.

Inference Forms

Patterns of reasoning where from given premises, a conclusion logically follows.

HS

This term was already defined as not real.

Inference Forms

Patterns of reasoning or argument structure that are recognized as valid or invalid.