Author Question: If lenders refuse to state the debt in terms of dollars, then dollars are not a A) medium of ... (Read 72 times)

Yolanda · **on:** Jun 30, 2018

If lenders refuse to state the debt in terms of dollars, then dollars are not a

A) medium of exchange. B) unit of accounting.
C) store of value. D) standard of deferred payment.

Question 2

The additional payment a borrower has to make on a loan is referred to as:

A) credit. B) stock. C) principal. D) interest.