When you buy a taco for breakfast, you are using money as a A) ...

[Haya94]

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.

[Bsand8]

Answer to Question 1

C

Answer to Question 2

A

[Haya94]

TYSM

[pratush dev]

Thanks for the timely response, appreciate it