Author Question: Peyton babysits the Fischer's children for four hours. The Fischer's pay her 30 in return for her ... (Read 124 times)

darbym82 · **on:** Jul 14, 2018

Peyton babysits the Fischer's children for four hours. The Fischer's pay her 30 in return for her service. Which function of money does this illustrate?
A) Store of value
B) Measure of value
C) Medium of exchange
D) Unit of account
E) Measure of durability

Question 2

BMW was offered significant tax incentives to open a factory in South Carolina, where real estate prices are lower than many other parts of the country. This relates to which consideration when selecting a new facility location?
A) Inputs and outputs
B) Access to key resources
C) Availability and cost of labor
D) Proximity to major customers
E) Cost of construction and operation