If you write a check on a bank to purchase a used Honda Civic, you are using money primarily as
a medium of exchange.
This is because a check facilitates the transaction and allows you to exchange money for goods (in this case, the car).
Multiple Choice
a medium of exchange.
a store of value.
a unit of account.
an economic investment.
1 answer
If you write a check on a bank to purchase a used Honda Civic, you are using money primarily as
a medium of exchange.
This is because a check facilitates the transaction and allows you to exchange money for goods (in this case, the car).