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Author Question: Ricardo Martinez collected 300 last weekend for mowing yards. Rather than spending the money ... (Read 65 times)

captainjonesify

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Ricardo Martinez collected 300 last weekend for mowing yards. Rather than spending the money immediately, he set it aside in an interest-bearing account. He hopes to accumulate more than 3000 to offset his college expenses this fall. For Ricardo, money is serving as a:
 A) measure of the current exchange rate.
  B) medium of exchange.
  C) measure of value.
  D) store of value.
  E) barter.

Question 2

A clothing manufacturer built a new plant in Bangladesh because textile workers there are paid a fraction of what workers in the United States would be paid. This most relates to which consideration when selecting a new facility location?
 A) R&D planning
  B) Cost of construction and operation
  C) Availability and cost of labor
  D) Proximity to major customers
  E) Access to key resources



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hugthug12

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Answer to Question 1

D

Answer to Question 2

C




captainjonesify

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Reply 2 on: Jul 14, 2018
Excellent


laurnthompson

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

 

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