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sammy [17]
3 years ago
12

Which of the following are considered characteristics of money? I. Portable II. Uniform III. Divisible IV. Acceptable a. I and I

II b. I, II, and III c. I, II, and IV d. II, III, and IV e. I, II, III, and IV
Business
1 answer:
pogonyaev3 years ago
8 0

All options are considered characteristics of money. So the right option is E

Explanation:

Money is characterised by durability portability, divisibility, uniformity, limited supply, and acceptability.

Two representations of alternative forms of money can be compared:

  • A cow In various points in history, cattle were used as currency.
  • A stack of US$ 20 bills equal to one cow's worth.

1) Durability: A cow is quite safe, but a long journey on the market threatens the cow being sick or dead and can seriously reduce its worth.

2) Portability: Although the cow is hard to move to the market, it can easily be put into my pocket.

3) Divisibility: A 20-dollar bill can be exchanged for other denominations, say a 10, a 5, four 1s, and 4 quarters. A cow, on the other hand, is not very divisible.

4) Uniformity: Cows come in various sizes and shapes, with a different value for each; cows are not very standardized.

5) Limited supply: Money must have a limited supply to sustain its worth. Although cows are quite limited in supply, if they are used as income, ranchers should make every effort to increase the supply of cows that decreases their value. The Federal Reserve controls the rule and thus the interest of 20-dollar notes— and the currency as a whole— so that the money keeps the value over time.

6) Acceptability: Although the worth of cows is intrinsic, some might not consider bovine animals as property. Men, however, are more than willing to accept bills worth 20 cents. In fact, your right to use US currencies to settle bills is protected by the US government.

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What MIGHT be a solution to unequal development applied by ASEAN, according to Vision 2020? A) free trade B) democratic election
Fittoniya [83]

Answer:

The correct answer is letter "A": free trade.

Explanation:

Free trade allows countries to share their goods and services without boundaries. The most important factor possible thanks to free trade is the access to knowledge and information that could boost economies with low innovation to gather ideas of what actions can be taken to improve their situations.

4 0
3 years ago
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A company that continually adds more features to an existing product to try to appeal to more customers may end up overwhelming
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A company that continually adds more features to an existing product to try to appeal to more customers may end up overwhelming customers and create an unintended consequence known as Feature fatigue.

<h3>What is Feature fatigue?</h3>
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7 0
2 years ago
Brickhouse is expected to pay a dividend of $3.00 and $2.40 over the next two years, respectively. After that, the company is ex
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Answer:

$31.9211

Explanation:

We discount the future two year dividends at the required rate of return

and solve for the present value of the infinite series of dividends growing at 3.6% with the dividend grow model:

\frac{D_1}{r-g} =PV

\frac{2.4 (1.036)}{0.11-0.036} = PV

PV 33.6

Then we discount this by the two years ahead of time these cashflow start and add them to get the PV of the stock which is their intrinsic market value

\left[\begin{array}{ccc}Year&cashflow&PV\\&&\\1&3&2.7027\\2&2.4&1.9479\\2&33.6&27.2705\\&TOTAL&31.9211\\\end{array}\right]

6 0
3 years ago
On January 8, an applicant filled out an application for a life insurance policy but did not include the initial premium. The in
const2013 [10]

Answer: January 26

Explanation:

A life insurance policy is simply a contract that an individual has with an insurance company whereby the individual makes premium and in turn, the insurance company would have to give a death benefit, to the beneficiaries of the insurance policy once the insured dies.

Based on the information in the question, the coverage become effective on January 26 which was the day the policy was delivered and the first premium was collected.

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