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Locomotion Is an Example of Which of the Following Terms

question 19

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Locomotion is an example of which of the following terms?


Definitions:

Medium Of Exchange

An intermediary instrument or system used to facilitate the sale, purchase, or trade of goods between parties.

Unit Of Account

A common unit for measuring the value of each good or service.

Store Of Value

Anything that retains its purchasing power over time.

Double Coincidence

Double Coincidence is a term used in economics to describe a situation where two parties each hold an item the other wants, allowing for an exchange without the need for a common medium of trade, like money.

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