A Checking Deposit Functions as

question 103

Multiple Choice

A checking deposit functions as

• A)a medium of exchange and as a store of value.
• B)a medium of exchange,but not as a store of value.
• C)a store of value,but not as a medium of exchange.
• D)neither a medium of exchange nor as a store of value.

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Definitions:

Sleep Country USA

A retail chain specializing in mattresses and bedding products in the United States.

Nash Equilibrium

A concept in game theory where each player, knowing the strategies of the other players, has no incentive to change their own strategy.

AMD

Advanced Micro Devices, Inc., an American multinational semiconductor company known for its CPUs and GPUs for computers.

Intel

An American multinational corporation and technology company known for its semiconductor chips.