AP Econ Unit 4 Money
Quiz by Mark Stegall
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4 questions
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- Q1Using money as a medium of exchange is called barter.falsetrueTrue or False30s
- Q2Currency is money but checkable deposits at banks are not moneyfalsetrueTrue or False30s
- Q3Barter isa generally accepted means of paymentstoring money for use at a later datethe exchange of goods and services for moneythe exchange of goods and services directly for other goods and services30s
- Q4IIf someone buries money in a tin can beneath a tree, the money is functioning as amedium of exchangebartering toolstore of valueunit of account30s