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Author Question: The statement that Computech's profits totaled 500 million last year represents the use of money as ... (Read 82 times)

rlane42

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on: Jun 30, 2018
The statement that Computech's profits totaled 500 million last year represents the use of money as a:
 a. medium of exchange.
  b. store of value.
  c. unit of account.
  d. means of coincidence.

Question 2

Under a fixed exchange rate system, a government is at risk of running out of foreign currency reserves when the country's imports exceed its exports.
 a. True
  b. False
  Indicate whether the statement is true or false


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Fayaz00962

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

c

Answer to Question 2

True


rlane42

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

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Reply 3 on: Yesterday
Excellent

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