When a baker exchanges a pie for dollars, this is an example of dollars serving as:

A. a unit of account.
B. a store of value.
C. barter.
D. a medium of exchange.


Answer: D

Economics

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Answer the following statement true (T) or false (F)

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Use the following graph for a competitive market to answer the question below.Assume the government imposes a $3 tax on buyers, which results in a shift of the demand curve from D1 to D2. The price the consumer pays for the product after the tax is imposed on the buyer is

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