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Author Question: A decrease in the value of a currency in terms of other currencies is known as A) an ... (Read 35 times)

lracut11

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on: Jun 29, 2018
A decrease in the value of a currency in terms of other currencies is known as
 
  A) an appreciation.
  B) a depreciation.
  C) a par value.
  D) a gold point.

Question 2

When money is accepted as payment in a market transaction, it is functioning as a
 
  A) store of value.
  B) unit of accounting.
  C) medium of exchange.
  D) unit of investment.


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carolinefletcherr

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

B

Answer to Question 2

C


lracut11

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

alvinum

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

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