Top Posters
Since Sunday
7
n
3
j
3
o
2
x
2
c
2
2
p
2
n
2
3
2
C
2
z
2
New Topic  
jtfortwengler jtfortwengler
wrote...
Posts: 143
Rep: 0 0
A year ago
Anna, Barry, and Clara grew up together in Michigan. After college, they each went overseas to countries that had different currencies. They had a group chat in which they were comparing costs of living. So that they could understand one another, they each converted their costs into U.S. dollars. What purpose did the U.S. dollar serve in their conversation?

▸ Loanable fund

▸ Medium of exchange

▸ Store of value

▸ Unit of account
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 32 times
1 Reply
Replies
Answer verified by a subject expert
IgnesiasIgnesias
wrote...
Posts: 129
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

jtfortwengler Author
wrote...

A year ago
Thank you, thank you, thank you!
wrote...

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  959 People Browsing
Related Images
  
 232
  
 388
  
 86
Your Opinion
Which country would you like to visit for its food?
Votes: 204