Author Question: The function of money that helps assess the opportunity cost of an activity is money's use as a ... (Read 46 times)

burchfield96 · **on:** Jun 30, 2018

The function of money that helps assess the opportunity cost of an activity is money's use as a

A) barter tool.
B) store of value.
C) medium of exchange.
D) store of debt.
E) unit of account.

Question 2

When supply decreases and the supply curve shifts to the left, equilibrium price ________ and equilibrium quantity ________.

A) increases; decreases B) decreases; increases
C) decreases; decreases D) increases; increases