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Author Question: Comparing how many dollars it takes you to run your car each year to annual earnings on a job ... (Read 22 times)

K@

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on: Jun 30, 2018
Comparing how many dollars it takes you to run your car each year to annual earnings on a job instead of keeping track of costs in terms of gallons of gasoline and quarts of oil represents the use of money as a:
 a. means of payment.
  b. unit of account.
  c. store of purchasing power.
  d. form of plastic money.

Question 2

Borrowing from foreign banks by U.S. firms represents a capital inflow.
 a. True
  b. False
  Indicate whether the statement is true or false


mmj22343

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

b

Answer to Question 2

True


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