Question
Megan took a loan to buy a car today , promising to then repay the loan amount of $3,000 in the future . What function
Megan took a loan to buy a car today, promising to then repay the loan amount of $3,000 in the future. What function did the $3,000 serve for Megan?
Group of answer choices
store of value
standard of deferred payment
medium of exchange
unit of account
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The Macro Economy Today
Authors: Bradley R. Schiller, Karen Gebhardt
14th edition
1259291820, 978-1259291821
