Which of the Following Statements Is False

question 21

Multiple Choice

Which of the following statements is false?

• A) Money is the only good that can (or does)serve as a store of value.
• B) In a barter economy,there is no good that serves as a unit of account.
• C) There are higher transaction costs of making exchanges in a barter economy than in a money economy.
• D) Money functions as a medium of exchange,unit of account,and store of value.

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