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tensa zangetsu [6.8K]
3 years ago
7

Alex just graduated from college and is now in the market for a new car. He has saved up $4,000 for a down payment. He's decidin

g between a Super and a Duper. The Super is priced at $23,599, and the Duper is priced at $18,999. After agonizing over the decision, he decides to buy the Duper. He writes the dealership a check for $4,000 and takes out a loan for the remainder of the purchase price. Identify what role money plays in each of the following parts of the story. Hint: Select each role only once. Role of Money Medium of Exchange Unit of Account Store of Value Alex writes a check for $4,000. Alex can easily determine that the price of the Super is more than the price of the Duper. Alex has saved $4,000 in his checking account.

Business
1 answer:
kvv77 [185]3 years ago
4 0

Answer:

1.  Medium of exchange, 2. Unit of Account and 3. Store of value

Explanation:

Please see attachment

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