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Nataly_w [17]
1 year ago
7

Question 5(Multiple Choice Worth 4 points)

Business
1 answer:
d1i1m1o1n [39]1 year ago
4 0

The function of money known as "Medium of exchange" describes a money use in the buying & selling of goods and services.

<h3>What is Money as Medium of exchange?</h3>

Money serves as a medium of exchange because it is use as intermediary instrument used to facilitate the sale, purchase, or trade of goods between parties.

In today world , the medium of exchange is money and it is used in the buying & selling of goods and services.

Therefore, the Option C is correct.

Read more about medium of exchange

brainly.com/question/20147958

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Trade between countries tends to a. reduce both competition and specialization. b. reduce competition and increase specializatio
Shtirlitz [24]

Answer: (D) Increase both competition and specialization      

Explanation:

 According to the given question, the trading between the different types of countries are trends to increase both specialization and competition in the market as it producing various types of products which increase the competition level with different types of organisation as well as Countries.

The specialization is also majorly affect the trading process between different types of countries by producing the specialized products by focusing on the efficiency.

The specialization is plays an important role in trade as by exchanging the various types of products then it automatically increase the production and the productivity.

 Therefore, Option (D) is correct answer.

8 0
4 years ago
Corey is the city sales manager for RIBS, a national fast food franchise. Every working day, Corey drives his car as follows: Mi
Inessa [10]

Answer:

b.46 miles

Explanation:

Calculation to determine Corey's reimburseable mileage

Corey's reimburseable mileage= 15 miles + 18 miles + 13 miles

Corey's reimburseable mileage = 46 miles

Therefore As a result, Corey's reimburseable mileage is 46 miles

8 0
3 years ago
A portfolio manager has maintained an actively managed portfolio with a beta of 0.2. During the last year the risk-free rate was
trapecia [35]

Answer: See explanation

Explanation:

The formula to use here will be:

required rate = risk free rate + beta × (market return - risk free rate).

where,

risk free rate = 5%

beta =0.20.

market return = -30%.

Therefore,

required return = 5% + 0.20 × (-30% + -5%)

= 5% + 0.2(-35%)

= 5% - 7%

= -2%

Therefore, the return on portfolio should have been -2% but the portfolio manager produced a return of −10%

Since -10% is lower than -2%, we can deduce that the claim of the manager is wrong.

5 0
3 years ago
Purchasing power parity (PPP) is a conversion that determines the equivalent amount of goods and services different currencies c
andre [41]

Answer:

Yes this is True because this conversion is used to capture the differences in cost of living between countries.

3 0
3 years ago
The fundamental purpose of an organization's mission statement is to: create a good human relations climate in the organization.
leva [86]

Answer: define the organization's purpose in society.

               

Explanation: In simple words, it refers to a short statement which defines why an organisation exist in the society. It illustrates what are the goals of the organisation, its primary customers, the commodities they are going to offer and so on.

The mission statement lays a foundation for the overall planning of the organisation.

Hence the correct answer is last statement.

4 0
3 years ago
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