7. Money makes it easier to borrow and repay loans. This function of money is referred to...

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7. Money makes it easier to borrow and repay loans. This function of money is referred to as

a. a store of value.

b. a means of deferred payment.

c. a unit of account.

d. a standard of value.

e. none of the above.

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 30, 2024 06:00 AM

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7. Money makes it easier to borrow and repay loans. This function of money is referred to...

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Exploring Macroeconomics

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