Question:

Economic-statement question----thank you?

by  |  earlier

0 LIKES UnLike

Which of the following statements is false?

Money is the only good that can or does serve as a store of value.

In a barter economy, there is no good that serves as a unit of account.

There are higher transaction costs of making exchanges in a barter economy than in a money economy.

Money functions as a medium of exchange, unit of account, and store of value.

 Tags:

   Report

1 ANSWERS


  1. a) Money is the only good that can or does serve as a store of value.

Question Stats

Latest activity: earlier.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.