Match each term with the correct statement below.
a. medium of exchange
b. store of value
c. measure of relative value
d. divisibility
e. portability
f. durability
g. stability
h. scarcity
1. “How much is this briefcase?”
2. “Do you have change for a $1?”
3. “I have $6000 in the bank.”
4. Faith that a dollar today will be worth a dollar a month from now
5. “I will pay you $25 for that book.”
6. The ability to carry money around easily
1. C) measure of relative value
2. D) divisibility
3. B) store of value
4. G) stability
5. A) medium of exchange
6. E) portability
You might also like to view...
A statute of repose cuts off the right to assert a product liability action
a. True b. False Indicate whether the statement is true or false
When dealing with consumer attitudes, marketers should know that
A. consumer attitudes tend to be enduring. B. it is usually easier to change a negative attitude about a product than to reinforce a positive attitude. C. consumer attitudes are less action-oriented than consumer beliefs. D. attitudes are very good predictors of how people will behave. E. None of these answers is correct.
Finance leases are long-term or noncancelable leases in which the lessor transfers substantially all the risks and rewards of ownership to the lessee.
Answer the following statement true (T) or false (F)
Social security number, last name, and first name are examples of entity types
Indicate whether the statement is true or false