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Author Question: If lenders refuse to state the debt in terms of dollars, then dollars are not a A) medium of ... (Read 48 times)

Yolanda

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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.


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dudman123

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


Yolanda

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Reply 2 on: Jun 30, 2018
Excellent

Dominic

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

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