Money Almost Always Serves as the Standard Unit for Quoting

question 88

Multiple Choice

Money almost always serves as the standard unit for quoting prices. This is another way of saying money serves as a:

• A)medium of exchange.
• B)store of value.
• C)standard of value.
• D)commodity itself.
• E)means of deferred payment.

---

Definitions:

Sympathetic Division

Part of the autonomic nervous system that prepares the body for physical activity by accelerating heart rate, widening bronchial passages, decreasing motility of the large intestine, and more.

Parasympathetic Division

A division of the autonomic nervous system responsible for conserving energy and promoting the "rest and digest" response.

Vestibulocochlear

The vestibulocochlear nerve, also known as the eighth cranial nerve, is responsible for transmitting sound and equilibrium (balance) information from the inner ear to the brain.

Equilibrium

A state of balance or stability, often referring to a chemical reaction being in a state where reactants and products are formed at the same rate.