Which of the Following Best Illustrates the Medium of Exchange

question 48

Multiple Choice

Which of the following best illustrates the medium of exchange function of money?

• A)You keep some money hidden in your shoe.
• B)You keep track of the value of your assets in terms of currency.
• C)You pay for your oil change using currency.
• D)None of the above is correct.

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Definitions:

Electroencephalograph (EEG)

A device used to record the electrical activity of the brain, typically used for diagnostic purposes.

Electromyograph (EMG)

A diagnostic tool used to measure the electrical activity produced by skeletal muscles.

Electrocardiograph (EKG)

A medical test that measures the electrical activity of the heart to identify various heart conditions.

Electro-Oculograph (EOG)

A method of measuring eye movements by recording the electrical activity generated by the movement of the eye.