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Author Question: Which function of money represents a measure for stating the prices of goods and services? A) ... (Read 40 times)

fox

  • Hero Member
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  • Posts: 540
on: Jun 29, 2018
Which function of money represents a measure for stating the prices of goods and services?
 
  A) medium of exchange
  B) unit of account
  C) store of value
  D) means of payment

Question 2

The nominal interest rate approximately equals which of the following?
 
  A) the real interest rate minus the inflation rate
  B) the real interest rate plus the inflation rate
  C) the real interest rate minus the growth rate of real GDP
  D) the real interest rate plus the growth rate of real GDP


srodz

  • Sr. Member
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  • Posts: 333
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


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