How Is Money Functioning in the Case of Stock Market

question 138

Multiple Choice

How is money functioning in the case of stock market price quotations?

• A)As a store of wealth.
• B)As a unit of account.
• C)As a medium of exchange.
• D)A medium of exchange,a store of wealth,and a unit of account.

---

Definitions:

Hearing

The sensory process by which sound waves are detected by the ear and interpreted by the brain.

Conservation

In psychology, the understanding that certain properties of an object or substance do not change when its appearance is altered in some superficial way, a concept developed by Piaget in his theory on cognitive development.

Kohlberg's Stages

A theory of moral development proposed by Lawrence Kohlberg, outlining six stages of moral reasoning divided into three levels: pre-conventional, conventional, and post-conventional.

Moral Development

The growth of an individual's understanding of the principles of right and wrong, from infancy through adulthood, often in stages.