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Home Q & A Board Other Fields Homework Help Business Economics
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shaerovira shaerovira
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4 years ago

Question 1.

When you pay $8 for salad you ordered for lunch, you are using money as a(n)



▸ store of value.

▸ investment good.

▸ medium of exchange.

▸ unit of account.

Question 2.

Veronica received a federal income tax refund of $600 in May 2016. Veronica put this money in a saving account so that she could spend it when she went on vacation in July 2016. This is an example of money serving as a(n)



▸ store of value.

▸ medium of exchange.

▸ unit of account.

▸ investment good.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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jfinn1021jfinn1021
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4 years ago
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shaerovira Author
wrote...

4 years ago
Good timing, thanks!
dedricgard
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Yesterday
Smart ... Thanks!
2ne1_12345
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2 hours ago
Helped a lot
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