When you go to the store and purchase a pair of jeans, money is performing which function?
a. measure of value
b. medium of exchange
c. measurement of worth
d. store of value
e. symbol of value
b. medium of exchange
You might also like to view...
A lack of understanding of one’s own culture along with a lack of understanding of others’ cultures can result in ______.
a. universalism b. relativism c. quick decisions d. having cultural blinders on
What is a European Works Council and what role does it serve?
What will be an ideal response?
What is an electronic check?
A. An Internet-based company that facilitates payments over the Internet. B. A mechanism for sending a payment from a checking or savings account. C. A system that sends bills over the Internet and provides an easy-to-use mechanism to pay the bill. D. Both software and information - the software provides security for the transaction and the information includes payment and delivery information.
With _____ technology, information is sent to users based on their previous inquiries, interests, or specifications
a. pull c. really simple syndication b. push d. smartcard