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An Order to Purchase 1000 NAB Shares for Not More

question 5

True/False

An order to purchase 1000 NAB shares for not more than $40 each is an example of a limit order.


Definitions:

Medium Of Exchange

Anything widely accepted as a tool for payment in the exchange of goods and services.

Commodity Money

Money that takes the form of a commodity with intrinsic value

Fiat Money

Money without intrinsic value that is used as money by government decree

Money

The set of assets in an economy that people regularly use to buy goods and services from other people.

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