Answered: P1,125 price tag on a t-shirt in a…

P1,125 price tag on a t-shirt in a department store window is an example of money functioning as a _____. a. a measure of exchange. b. a store of value. c. a measure of value.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter15: Monetary Theory And Policy

Section: Chapter Questions

Problem 1.2P

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A P1,125 price tag on a t-shirt in a department store window is an example of money functioning as a _____.

a. a measure of exchange.

b. a store of value.

c. a measure of value.

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