1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nookie1986 [14]
3 years ago
7

Which of the following best defines " medium of exchange

Business
1 answer:
tatuchka [14]3 years ago
5 0
The answer would be:
A. something with a fixed value that we use for exchange

I hope this helps! :D
You might be interested in
Which of the following statements is true? a. The word theory means same for both economists and laymen. b. Abstraction forms an
VladimirAG [237]

Answer:

B) Abstraction forms an important part of economic analysis.

Explanation:

Economic abstraction refers to ignoring certain factors while doing economic analysis. Some minor or even important economic details must be assumed when trying to analyze certain situations. That is why economists love to use ceteris paribus (everything else constant). Macroeconomic theory is impossible to prove in a scientific way, only certain microeconomic theories can be tested scientifically. In order to perform macroeconomic analysis, economists must simplify the real world, since economy is too complex and has too many factors that can alter any possible analysis. It is impossible to analyze a nation's economy as a whole since millions of people and businesses make billions of economic decisions very day.

3 0
3 years ago
A decrease in economic activity and the subsequent cutbacks in production that results in employees being laid off leads to
Elena L [17]
In cases where an organization decrease it economic activity and have major cutbacks, it is expected that employees will be laid off. Laying off may lead to an increase of unemployment rate in a certain country in which it will have bigger scale of effects in taxes, bills to pay and as especially if they have families or dependents.
6 0
3 years ago
Read 2 more answers
An investment has an expected return of 11 percent per year with a standard deviation of 26 percent. Assuming that the returns o
Keith_Richards [23]

Answer:

P(X

And we can find this probability using the normal standard distribution table or excel and we got:

P(Z

Explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".  

Solution to the problem

Let X the random variable that represent the expected return, and for this case we know the distribution for X is given by:

X \sim N(11,26)  

Where \mu=11 and \sigma=26

We are interested on this probability

P(X

And the best way to solve this problem is using the normal standard distribution and the z score given by:

z=\frac{x-\mu}{\sigma}

If we apply this formula to our probability we got this:

P(X

And we can find this probability using the normal standard distribution table or excel and we got:

P(Z

4 0
3 years ago
Key performance indicator​ cards: A. lead to local but not global or strategic improvements if they are not linked to strategy.
Alecsey [184]

Answer:

A. Lead to local but not global or strategic improvements if they are not linked to strategy.

Explanation:

A key performance indicator card is a technique or rather methodology used in assessing the status of a measure by comparing key indicators to target. It is a performance card that identifies the main objective and gives a well structured view of the organization. It can lead to both local and strategic improvements if they are linked to strategy. They are performance scorecards developed without necessarily working from company's strategy.

3 0
3 years ago
How much will we end up buying?
makvit [3.9K]
I think its 500 cause yes
4 0
3 years ago
Other questions:
  • Maria purchased 100 shares of JAX stock for $30 per share and sold this same stock one year later for $29 per share. She paid co
    10·1 answer
  • Business, 11.10.2019 01:40 marissastewart533
    12·1 answer
  • true or false :those using a learners periy have restrictions on when they may drive because alchol -related crashes are most li
    10·2 answers
  • Drag the titles to the correct boxes
    8·1 answer
  • The issuer of a 5% common stock dividend to common stockholders should transfer from retained earnings to paid-in capital an amo
    12·1 answer
  • Read the following short scenario. Then select the response that best describes your views.
    11·1 answer
  • Solutions to deal with social, cultural and demographic issues​
    7·1 answer
  • Question 4
    9·1 answer
  • Why might the process of planning be as important as the plan itself? It involves everyone in the organization. It is necessary
    6·1 answer
  • Apple's products are well known and valued because the demand, customer loyalty, and company's price premium rank high in the co
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!