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______ are stocks and bonds representing secured or asset-based claims by investors against issuers. A. Commodities B. Securities C. Private placements D. IPOs Money frees society from a system of barter.
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______ are stocks and bonds representing secured or asset-based claims by investors against issuers.

A. Commodities
B. Securities
C. Private placements
D. IPOs

Money frees society from a system of barter. In so doing, money is performing which of the following functions?

A. Medium of exchange
B. Unit of account
C. Store of value
D. Determination factor

User Vkjgr
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2 Answers

5 votes

Answer:

Private placements are stocks and bonds representing secured or asset-based claims by investors against issuers.

Money frees society from a system of barter. In so doing, money is performing which of the following functions? Medium of exchange

User Rick Sarvas
by
5.4k points
4 votes

Answer:

1) C

2) A

Step-by-step explanation:

User Venkatesh Manohar
by
5.1k points
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