Without Money,we Would Be Bogged Down in a System of Barter.This

question 70

Multiple Choice

Without money,we would be bogged down in a system of barter.This illustrates the ________ function of money.

• A) medium of exchange
• B) unit of account
• C) store of value
• D) payment for labour
• E) basis for banking system

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Definitions:

Personality

The blend of traits and attributes that create a person's unique personality.

Conscious Awareness

the mental state of being fully present and aware of one's thoughts, feelings, and surroundings.

Subjective Well-being

An individual's self-perceived happiness or satisfaction with life, often assessed through measures of emotional and cognitive evaluations of their existence.

Positive Affect

Pleasant emotions such as joy, happiness, and interest.