Aplia: Student Question n-takeQuiz&quiz;_probGuid-QNAPC0A80 1010000003 bl 67d400

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Aplia: Student Question n-takeQuiz&quiz;_probGuid-QNAPC0A80 1010000003 bl 67d40040000&ctx;=susa UHC DATA ENRY :) BPM ADMIN D AET NA ADMIN . Paylocity SHARE Home Grades Personalized Reviews DiscussionCourse Materials Money Graded Assignment | Back to Assignment Due Sunday 12.03.17 at 11:45 PM Keep the Highest: 3.6 Attempts: 1. The roles of money Consider the following scenario: Kristen has saved $30 per week to buy a new DVD player. She compares two different models: a Panaview that is Aa Aa priced at $130 and a Zony model that is priced at $140, Kristen decides to purchase the Zony DVD player for $140. Identify what role money plays in each of the following parts of the story. (Hint: Select each role only once.) Role of Money Medium Unit Store of Value of Exchange of Account Kristen pays $140 for the DVD player. Kristen saved $30 per week Kristen can easily determine that the Panaview model is priced lower than the Zony model. QNA 3 16 © 2004-2016 Aplia All rights reserved. ©201 3 cengage Learing except as noted. A" nots reserved Grade It Now Save & Continue Continue without saving

Explanation / Answer

Kristen pays $140 for the DVD player - medium of exchange

Kristen saved $30 per week - store of value

Kristen can easily determine that the panaview model is priced lower than the zony model - unit of account

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