When economists say that money serves as a medium of exchange, they mean that it is Multiple Choice a monetary unit for measuring and comparing the relative values of goods. declared as legal tender by the government. a means of payment. a way to keep wealth in a readily spendable form for future use.

Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units.required: prepare a production budget by month and in total, for the second quarter.

You hear your supervisor tell another supervisor that a fire drill will take place later today when the fire alarm sounds that afternoon you should

What could increase the value of your property