Consumption spending includes spending on durable goods, nondurable goods, and services

Ryan saved $50,000 last year in his bank account so that he could buy a car this year. In this case, money served the function of a ________

A) unit of account B) means of deferred payment C) store of value D) medium of exchange

In highly contestable markets, increases in concentration will enhance market power

a. True b. False Indicate whether the statement is true or false