You are using money primarily as a : Store of value
Money as a store of value is something that maintains its worth both in the present and in the future, with money being one such commodity in modern.
When money is a store of value, it means that it is capable of being held such that it can increase our wealth and net worth. This is why it can be saved and used as a means of capital.
Other characteristics of money includes :
- Medium of exchange
- Unit of account
- Standard of value
Hence, you are using money primarily as a store of value if you place a part of your summer earnings in a savings account.
Learn more about functions of money here : brainly.com/question/25959268
Answer:
Sam's producer surplus is $3
Explanation:
A producer surplus is the difference between the amount a producer is willing to sell a product for and the price of the product in the market that consumers are willing to pay if the consumer price is higher.
Mathematically, it is represented as; market price - willing price
= 18 - 15 = $3.
Answer:
Fiscal policy
Explanation:
Fiscal policy -
The term fiscal policy is based on the idea of British economist John Maynard Keynes .
It is the policy by which the government spending and policies of tax are used in order to alter the economic growth , inflation , deflation , employment , services etc, is referred to as fiscal policy.
Hence, from the given information of the question,
The correct term is fiscal policy.
Answer:
b. the right to be informed
Explanation:
Consumerism is a movement that aims to protect consumer's interests. The movement promotes truthful packaging, fair trade practices, truthful product guarantees, truthful advertising etc. These attributes will enable consumers to make informed decisions before purchasing products. Based on the above, option b is the correct answer.
So that people know what step to take, and what steps will be taken in the event of an incident..... The post-mortem, lessons learned step is the last in the incident response progress.
