Twenty years ago a stove cost 300 and a refrigerator cost 1,500. ...

[B]

Twenty years ago a stove cost 300 and a refrigerator cost 1,500. Today a stove costs 600, while a refrigerator costs 1,800. Which of the following statements is TRUE?
 
  A) The relative price of stoves and refrigerators has not changed.
  B) The relative price of a refrigerator has increased.
  C) The relative price of a stove has increased.
  D) The money price of a refrigerator has fallen.

Question 2

The fact that money can be exchanged for goods reflects money's role as a
 
  A) cause of inflation.
  B) medium of exchange.
  C) unit of account.
  D) store of value.

[Missbam101]

Answer to Question 1

C

Answer to Question 2

B

[B]

YES! Correct, THANKS for helping me on my review

[Perkypinki]

Thanks for the timely response, appreciate it