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Anna11 [10]
3 years ago
9

Suppose a period of continuous political instability leads people to believe that the economy will slide into a deep recession.

As a result, people become more likely to accept ______money in exchange for goods and services. U.S. dollars are an example of _____ money.
Business
1 answer:
creativ13 [48]3 years ago
3 0

Answer:

(1) Commodity

(2) Flat

Explanation:

(1) Commodity

If people expect a deep recession coming ahead, they know that fiat (paper) money will lose all its purchasing power. Holding fiat money will not buy them their standard basket of goods & services, so they will prefer to hold commodity money.

(2) Flat

Fiat money is the legal tender money authorized by government, and any country's currency is a fiat money.

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In the late 1930s management at Atalanta Industries agreed to hire only those workers who were already members of the Electrical
earnstyle [38]

Answer: closed shop

Explanation:

From the question, we are informed that in the late 1930s management at Atalanta Industries agreed to hire only those workers who were already members of the Electrical Union.

It should be noted that here, Atlanta agreed to a type of arrangement known as closed shop. This occurs when the workers have to belong to a particular union before they'll be employed. This was legal in 1930 but it was later declared illegal by Taft Hartley Act.

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True or false: you should only create a slide presentation if you know that you will be presenting in a smart room.
siniylev [52]
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Sati [7]
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Candy Claws Company gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per
Alchen [17]

Answer:

c. $23,160

Explanation:

Adjusted cash balance per books as at August 31

Cash balance per book $19,500

Add Notes receivable and interest collected by bank $4,800

($19,500+$4800) $24,300

Less:(Deposits in transit $900

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6 0
3 years ago
Manuel borrowed a total of $4000 from two student loans. One loan charged 4% simple interest and the other charged 3.5% simple i
hichkok12 [17]

Answer:

the principal amount at a rate of 4% is 2000

principal amount at a rate of 3.5% is 4000-2000 =2000

Explanation:

We have given total amount borrowed = $4000

Let x amount is borrowed at a rate of 4%

So $4000-x is borrowed at rate of 3.5%

Total interest = $150

We know that simple interest =\frac{principal\ amount\times rate\times time}{100}

So \frac{x\times 4\times 1}{100}+\frac{(4000-x)\times 3.5\times 1}{100}=150

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x = 2000

So the principal amount at a rate of 4% is 2000

And principal amount at a rate of 3.5% is 4000-2000 =2000

7 0
3 years ago
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