Every time you get paid, you deposit 50 in a savings account because you want to go to Florida when the semester is over. Which function of money does this best illustrate?
A) Store of value
B) Liquidity
C) Medium of exchange
D) Measure of value
E) Unit of account
Question 2
Caterpillar produces huge pieces of production equipment that are expensive to ship long distances. This most relates to which consideration when selecting a new facility location?
A) Proximity to major customers
B) Availability and cost of labor
C) Cost of construction and operation
D) Capacity planning
E) Access to key resources
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