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Author Question: When you buy a taco for breakfast, you are using money as a A) store of value. B) standard of ... (Read 42 times)

Haya94

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on: Jun 29, 2018
When you buy a taco for breakfast, you are using money as a
 
  A) store of value.
  B) standard of deferred payment.
  C) medium of exchange.
  D) unit of accounting.

Question 2

Refer to the above figure. A price ceiling of 20 results in
 
  A) a shortage of 100 units.
  B) a shortage of 200 units.
  C) a surplus of 100 units.
  D) a surplus of 200 units.


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Bsand8

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

C

Answer to Question 2

A


Haya94

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

bitingbit

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

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