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Author Question: The transactions approach to measuring money relies on the role of money primarily as a A) ... (Read 97 times)

wenmo

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on: Jun 30, 2018
The transactions approach to measuring money relies on the role of money primarily as a
 
  A) temporary store of value. B) standard of deferred payment.
  C) unit of account. D) medium of exchange.

Question 2

If an individual's opportunity cost of commute is 300 per month and his monthly commuting time is 60 hours, his opportunity cost of time is:
 
  A) 10 per hour. B) 5 per hour. C) 30 per hour. D) 60 per hour.


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meganmoser117

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


wenmo

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Reply 2 on: Jun 30, 2018
Excellent

FergA

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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