Author Question: Ryan saved 50,000 last year in his bank account so that he could buy a car this year. In this case, ... (Read 70 times)

RODY.ELKHALIL · **on:** Jun 30, 2018

Ryan saved 50,000 last year in his bank account so that he could buy a car this year. In this case, money served the function of a ________.

A) unit of account B) means of deferred payment
C) store of value D) medium of exchange

Question 2

A Japanese businessman opened an automobile showroom in Singapore this year. His income will lead to a(n) ________.

A) increase in the GDP of Singapore B) decrease in the GDP of Singapore
C) increase in the GDP of Japan D) decrease in the GDP of Japan