ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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# Aplia Homework: Money and the Financial System

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Attempts: [Input for attempts with checkboxes]  
Keep the Highest / 1

### 1. The Roles of Money

Alex has saved $30 per week to buy a new Blu-ray player. He compares two different models: a Panaview that is priced at $130 and a Zony model that is priced at $140. Alex decides to purchase the Zony Blu-ray player for $140.

**Task:**  
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 saved $30 per week.                                | [Checkbox]         | [Checkbox]     | [Checkbox]    |
| Alex pays $140 for the Blu-ray player.                  | [Checkbox]         | [Checkbox]     | [Checkbox]    |
| Alex can easily determine that the Panaview model has a lower price than the Zony model. | [Checkbox]         | [Checkbox]     | [Checkbox]    |

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Transcribed Image Text:# Aplia Homework: Money and the Financial System **Back to Assignment** Attempts: [Input for attempts with checkboxes] Keep the Highest / 1 ### 1. The Roles of Money Alex has saved $30 per week to buy a new Blu-ray player. He compares two different models: a Panaview that is priced at $130 and a Zony model that is priced at $140. Alex decides to purchase the Zony Blu-ray player for $140. **Task:** 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 saved $30 per week. | [Checkbox] | [Checkbox] | [Checkbox] | | Alex pays $140 for the Blu-ray player. | [Checkbox] | [Checkbox] | [Checkbox] | | Alex can easily determine that the Panaview model has a lower price than the Zony model. | [Checkbox] | [Checkbox] | [Checkbox] | [Buttons: Grade It Now, Save & Continue] (Note: There is also an option to "Continue without saving.")
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