Author Question: Which function of money represents a measure for stating the prices of goods and services? A) ... (Read 52 times)

fox

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Which function of money represents a measure for stating the prices of goods and services?
 
  A) medium of exchange
  B) unit of account
  C) store of value
  D) means of payment

Question 2

The nominal interest rate approximately equals which of the following?
 
  A) the real interest rate minus the inflation rate
  B) the real interest rate plus the inflation rate
  C) the real interest rate minus the growth rate of real GDP
  D) the real interest rate plus the growth rate of real GDP



srodz

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Answer to Question 1

B

Answer to Question 2

B



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