Doug Is Saving Money in Order to Purchase a New

question 106

Multiple Choice

Doug is saving money in order to purchase a new snowboard next winter.This represents using money as

• A)a medium of exchange.
• B)a store of value.
• C)a unit of account.
• D)a medium of deferred payment.
• E)method of barter.

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Definitions:

American Academy

A professional society or organization dedicated to the advancement of science, arts, literature, or professional practice.

Pediatrics

The branch of medicine that involves the medical care of infants, children, and adolescents.

Breast Feeding

A natural process of feeding babies with milk directly from the mother's breasts, promoting health benefits for both mother and child.

Accidents

Accidents are unexpected events that result in injury or damage, often occurring because of a lack of caution or unforeseen circumstances.