Money serves three functions in the economy: medium of exchange, unit of account, and store of value. For each of the following statements about inflation, indicate which function of money inflation is hindering. Statement Store of Value Unit of Account Medium of Exchange Inflation erodes money's purchasing power. Inflation causes menu costs. In some countries with hyperinflation, prices are posted in terms of U. S. dollars rather than the local currency, even though the local currency is still used to purchase the good.

Mauro products distributes a single product, a woven basket whose selling price is $15 and whose variable expense is $12 per unit. the company’s monthly fixed expense is $4,200. required: 1. solve for the company’s break-even point in unit sales using the equation method. 2. solve for the company’s break-even point in dollar sales using the equation method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.) 3. solve for the company’s break-even point in unit sales using the formula method. 4. solve for the company’s break-even point in dollar sales using the formula method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.)