in New Orleans, make fixed monthly Sustaining members of public radio stations, such as WRKF in Baton Rouge and W monetary donations to support the programming on those stations. These charitable donations are an example of which of the following functions of money? Select one: A. Unit of account. B. Standard of value. C. Medium of exchange. D. Means of unilateral payment. E. Standard of deferred payment.

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter15: Monetary Theory And Policy
Section: Chapter Questions
Problem 1.1P
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Sustaining members of public radio stations, such as WRKF in Baton Rouge and WWNO in New Orleans, make fixed monthly
monetary donations to support the programming on those stations. These charitable donations are an example of which of the
following functions of money?
Select one:
A. Unit of account.
B. Standard of value.
C. Medium of exchange.
D. Means of unilateral payment.
E. Standard of deferred payment.
Transcribed Image Text:Sustaining members of public radio stations, such as WRKF in Baton Rouge and WWNO in New Orleans, make fixed monthly monetary donations to support the programming on those stations. These charitable donations are an example of which of the following functions of money? Select one: A. Unit of account. B. Standard of value. C. Medium of exchange. D. Means of unilateral payment. E. Standard of deferred payment.
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