Using Money as a ________ Avoids the Problem of the Double

question 51

Multiple Choice

Using money as a ________ avoids the problem of the double coincidence of wants.

• A) medium of exchange
• B) measure of value
• C) standard of deferred payment
• D) store of value
• E) tool of monetary policy

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Definitions:

Overseas Companies

Businesses that operate outside their home country, engaging in international trade or services.

Discrimination

Your behavior, or what you do (or intend to do, or are inclined to do) as a result of your stereotypes and prejudice.

Prejudicial Attitude

A preconceived opinion or judgment that is not based on reason or actual experience, often negative in nature.

Stereotypes

Oversimplified generalizations about groups of people that may be based on certain traits, without acknowledging individual differences.