Ricardo Martinez collected 300 last weekend for mowing yards. ...

[captainjonesify]

Ricardo Martinez collected 300 last weekend for mowing yards. Rather than spending the money immediately, he set it aside in an interest-bearing account. He hopes to accumulate more than 3000 to offset his college expenses this fall. For Ricardo, money is serving as a:
 A) measure of the current exchange rate.
  B) medium of exchange.
  C) measure of value.
  D) store of value.
  E) barter.

Question 2

A clothing manufacturer built a new plant in Bangladesh because textile workers there are paid a fraction of what workers in the United States would be paid. This most relates to which consideration when selecting a new facility location?
 A) R&D planning
  B) Cost of construction and operation
  C) Availability and cost of labor
  D) Proximity to major customers
  E) Access to key resources

[hugthug12]

Answer to Question 1

D

Answer to Question 2

C

[captainjonesify]

Gracias!

[cassie_ragen]

Excellent