Which of the following items can be considered money in the Canadian economy? Explain your answers by

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Which of the following items can be considered money in the Canadian economy? Explain your answers by discussing the three functions of money-medium of exchange, store of value, and unit of account.

a. A Canadian $\$ 100 $ bill

b. A Visa credit card

c. A well-known painting by Robert Bateman

d. The balance in an interest-earning savings account

e. A U.S. Treasury bill payable in three months

f. A share of Tim Hortons stock g. A $\$ 1 $ bill of Canadian Tire money

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Macroeconomics

ISBN: 9780133910445

15th Edition

Authors: Christopher T S Ragan

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Question Posted: Mar 14, 2024 12:00 PM

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Which of the following items can be considered money in the Canadian economy? Explain your answers by

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Macroeconomics

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