The Primary Functions of Money Are

question 21

Multiple Choice

The primary functions of money are:

• A) velocity, liquidity and transactions.
• B) speculative demand, measure of value and precautionary demand.
• C) a medium of exchange, a measure of value and a store of value.
• D) a store of value, heterogeneity and a medium of exchange.

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Definitions:

Virtual Reality

A simulated experience created by computer technology, which can replicate or create an entirely artificial environment.

Alternative Environment

A setting or condition that differs from the norm or from what is traditionally used, often referring to innovative or non-traditional spaces.

Social Network Site

An online platform that enables users to create a public profile and interact with other users on the site.

Brand

A name, term, design, symbol, or any other feature that identifies one seller's goods or service as distinct from those of other sellers.