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harkovskaia [24]
1 year ago
14

Using money prices to compare relative values of goods and services represents money functioning as a?

Business
1 answer:
nikitadnepr [17]1 year ago
8 0

Using money prices to match relative values of goods and services represents money functioning as a: unit of account.

What is money as unit of account?

As a unit of account, money is the common base of comparison that people use to present prices and record debts. Without a standard unit of account, these tasks would be far more difficult. The third function of cash , as a store useful , is one that we all know well. once you work, you're paid a wage.

What is a unit of account cost?

The unit-of-account costs of inflation are the costs arising from the way inflation makes money a less reliable unit of measurement. Shoe-leather costs are the increased costs of transactions caused by inflation. Menu costs are the important costs of changing listed prices

Learn more about money as unit of account:

brainly.com/question/14292547

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Countries that require substantial loans from the International Monetary Fund to survive will ________ due to IMF-mandated econo
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Answer:

Such countries will <u>endure a sharp contraction of demand in the short term</u>

Explanation:

International Monetary Fund (IMF) grants loans on differing scales to countries in need but <u>has certain regulatory economic policies in place</u>, such as one that limits government spending.

These policies cause demand in such countries to contract sharply in the short run.

5 0
3 years ago
Before setting the objectives of l&amp;d, managers should
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Managers should set business goals before setting L&D goals.

A learning and development (L&D) strategy is a tool used by companies and organizations to train their staff according to business objectives. This strategy is characterized by:

  • Constantly train staff.
  • Continuous improvement is implemented in all departments of the organization.

To effectively implement a Learning and development plan, the company must perform the following steps:

1. Establish business objectives for each of the departments.

2. Formally implement the learning and development (L&D) strategy.

3. Integrate training that motivates and meets the needs of the staff.

According to the above, before establishing the objectives of the learning and development (L&D) strategy, the organization must establish business objectives.

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5 0
2 years ago
Consider the following information for three stocks, A, B, and C. The stocks' returns are positively but not perfectly positivel
andrew11 [14]

Answer:

Consider the following information for three stocks, A, B, and C. The stocks' returns are positively but not perfectly positively correlated with one another, i.e., the correlations are all between 0 and 1. Expected Standard Stock Return Deviation Beta

A 10% 20% 1.0

B 10% 10% 1.0

C 12% 12%1.4

Portfolio AB has half of its funds invested in Stock A and half in Stock B. Portfolio ABC has one third of its funds invested in each of the three stocks. The risk-free rate is 5%, and the market is in equilibrium, so required returns equal expected returns. Which of the following statements is CORRECT?

Question 13 options:

a) Portfolio ABC's expected return is 10.66667% correct answer

. b) Portfolio AB has a standard deviation of 20%.

c)Portfolio ABC has a standard deviation of 20%.

d)Portfolio AB's required return is greater than the required return on Stock A.

e)Portfolio AB's coefficient of variation is greater than 2.0

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3 years ago
Genuine spice inc. began operations on january 1 of the current year. the company produces 8-ounce bottles of hand and body loti
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If the price of basketballs goes up from $7.99 to $14.99, what can be expected from suppliers of basketballs as a result?
blagie [28]

If the price of basketballs goes up from $7.99 to $14.99, what can be expected from suppliers of basketballs as a result there will be an increase in quantity supplied.

In economics, quantity supplied represents the number of goods or services that a supplier produces and sells at a given market price. Supply is different from the actual supply (that is, total supply). This is because price changes affect how much suppliers actually put into the market.

A quantity supplied is the quantity of a product that a retailer intends to sell at a specific price, called the delivery quantity. A time period is also usually specified when describing shipping quantities. Example: If the price of an orange is 65 cents, he has a supply of 300 per week.

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