Money Is Each of the Following Except

question 1

Multiple Choice

Money is each of the following except

• A) a medium of exchange.
• B) a store of value.
• C) a means by which the central bank can always, and permanently, affect production.
• D) a unit of account.

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Definitions:

Critical Thinking

The disciplined process of actively and skilfully conceptualizing, applying, analyzing, synthesizing, and evaluating information to reach an answer or conclusion.

Deliberative Thinking

The process of carefully considering and rationalizing thoughts and options before making a decision or forming a judgment.

Active Thinking

The deliberate, conscious mental process of generating ideas, solving problems, and making decisions.

Universal Thinking

A way of thinking that applies general principles and reasoning to understand concepts and solve problems across different contexts.