Arrange each of the following steps in the order that money evolved in. Store of value Collectible Medium of exchange Unit of account How is the value of money originally determined? Oa By a discount cash flow analysis of the commodity in question Ob By whichever asset is decreed by a government as the money of the land Oc By using game theory, where market participants appraise how other participants valueit Od By its use in the production of other goods, such as when it is used in the production of high goods

Arrange each of the following steps in the order that money evolved in. Store of value Collectible Medium of exchange Unit of account How is the value of money originally determined? Oa By a discount cash flow analysis of the commodity in question Ob By whichever asset is decreed by a government as the money of the land Oc By using game theory, where market participants appraise how other participants valueit Od By its use in the production of other goods, such as when it is used in the production of high goods

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter16: The Influence Of Monetary And Fiscal Policy On Aggregate Demand

Section: Chapter Questions

Problem 6CQQ

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