ADMS 1010 : ECON_CH24.pdf

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Ch 24 money price inflation: money is, currency plus coins, the same as gold, equivalent to barter, currency plus credit cards plus debit cards, a means of payment. 1: which one of the following is not a function of money, store of value, unit of account, medium of exchange, measure of liquidity, means of payment. Topic: what is money: which of the following is a function of money, a means of pooling risk, a medium of exchange, a means of reducing transactions costs, a measure of liquidity, a store of exchange. Topic: what is money: money can take the form of any one of the following except, bank of canada notes, a credit card, a saving deposit, a chequing deposit, coins. Topic: what is money: the official definitions of money can include all of the following except, cheques, currency outside banks, non-chequable deposits, personal chequable deposits, deposits at trust and mortgage loan companies.

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