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Author Question: Which of the following creates a demand for U.S. dollars? A) Toyota, a Japanese firm, purchasing ... (Read 119 times)

karateprodigy

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on: Jun 29, 2018
Which of the following creates a demand for U.S. dollars?
 
  A) Toyota, a Japanese firm, purchasing land in Texas
  B) a U.S. restaurant purchasing Mexican tomatoes
  C) a U.S. tourist catching a show in London
  D) a Japanese tourist catching a show in London

Question 2

Nicholas is saving money collected from his paper route in order to purchase a new bicycle. His saving represents using money as
 
  A) a medium of exchange.
  B) a store of value.
  C) an unit of account.
  D) none of the above


kardosa007

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


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