ECONOMICS
BUSINESS CYCLES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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John received an income tax refund of $1500 in May 2010. He put this money in a shoebox in his wardrobe so that he could spend it when he went to on holiday to Fiji in July 2010. This is an example of money serving as:
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an investment good
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means of evaluation
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a medium of exchange
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a store of wealth
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Explanation:
There is 1 question to complete.