Top Posters
Since Sunday
w
5
a
3
j
2
a
2
t
2
u
2
r
2
j
2
j
2
l
2
d
2
y
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
shaerovira shaerovira
wrote...
Go to Answer
Posts: 488
Rep: 17 0
5 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:
Read 114 times
1 Reply
Replies
Answer verified by a subject expert
jfinn1021jfinn1021
wrote...
#1
Posts: 388
Rep: 62 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

shaerovira Author
wrote...

5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
taydav
wrote...

Yesterday
Brilliant ツ
MLynneMcMillan
wrote...

2 hours ago
Correct Slight Smile TY
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1277 People Browsing
 181 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 2239
  
 426
  
 463
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 436
Previous poll results: Which is the best fuel for late night cramming?