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AP Econ Unit 4 Money

Quiz by Mark Stegall

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4 questions
Show answers
  • Q1
    Using money as a medium of exchange is called barter.
    True or False
  • Q2
    Currency is money but checkable deposits at banks are not money
    True or False
  • Q3
    Barter is
    a generally accepted means of payment
    storing money for use at a later date
    the exchange of goods and services for money
    the exchange of goods and services directly for other goods and services
  • Q4
    IIf someone buries money in a tin can beneath a tree, the money is functioning as a
    medium of exchange
    bartering tool
    store of value
    unit of account

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