Question
Joe earns $4000 over the summer and sets aside the money to pay for two courses at the local community college which will start in
Joe earns $4000 over the summer and sets aside the money to pay for two courses at the local community college which will start in January. This money is serving the function of:
a. A medium of exchange
b. A unit of account
c. A store of value
d. A measure of liquidity
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
