During the late 1970s, prices quoted in terms of the Israeli currency, the shekel, rose so fast that grocery stores listed their prices in terms of the U. S. dollar and provided customers with dollar-shekel conversion tables that they updated daily. Although people continued to buy goods and services and make loans using shekels many Israeli citizens converted shekels to dollars to avoid a reduction in their wealth due to inflation. Thus, the U. S. dollar functioned as money in Israel during this period. A. as a standard of deferred payment.
B. as a credit card.
C. as a medium of exchange.
D. as a unit of accounting.

D. As a unit of accounting

Explanation:

The U.S. dollar functioned as money in Israel during this period as a unit of accounting.

Money can be defined as anything that is generally acceptable as a medium of exchange or form of payment

There are different functions of money which includes:

1. Medium of exchange

2. Store of value

3. Units of accounting

1. Medium of exchange. Money functions as a medium of exchange between buyers and sellers. Exchange of goods and services is made easy with the use of money.

2. Store of value: Money functions as a store of value. That is, money should remain valuable when stored for a period of time.

3. Unit of account: Money also functions as a unit of account, that is, providing a common measure of the value of goods and services being exchanged.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answercompetitive advantage;