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of money s three functions the one that distinguishes money from other assets is its 637817

Functions of Money

1) Of money”s three functions, the one that distinguishes money from other assets is its function as a

A) store of value.

B) unit of account.

C) standard of deferred payment.

D) medium of exchange.

2) If peanuts serve as a medium of exchange, a unit of account, and a store of value, then peanuts

Are A) bank deposits.

B) reserves.

C) money.

D) loanable funds.

3) ________ are the time and resources spent trying to exchange goods and services.

A) Bargaining costs.

B) Transaction costs.

C) Contracting costs.

D) Barter costs.

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