This topic contains a solution. Click here to go to the answer

Author Question: A decrease in the value of a currency in terms of other currencies is known as A) an ... (Read 79 times)

lracut11

  • Hero Member
  • *****
  • Posts: 536
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carolinefletcherr

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

B

Answer to Question 2

C




lracut11

  • Member
  • Posts: 536
Reply 2 on: Jun 29, 2018
Wow, this really help


diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

For a complete list of videos, visit our video library