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
sergey [27]
2 years ago
12

government regulation is the most important factor. B) commodity money, because it is valued more highly, tends to drive out pap

er money. C) new forms of money evolve to lower transaction costs. D) paper money is always backed by gold and therefore more desirable than checks.
Business
2 answers:
vladimir2022 [97]2 years ago
5 0

Answer:

The correct answer is letter "C": new forms of money evolve to lower transaction costs.

Explanation:

Money is the default medium of exchange worldwide. Money, as the currency it is, has evolved from being a commodity good, metallic coin, bank, note, check, and plastic money in the form of cards. The evolution of money has allowed individuals to facilitate and fasten economic transactions and has lowered the costs inherent to those operations.

Alex73 [517]2 years ago
4 0

Answer:

The question is not complete.

Here is the complete question:

In explaining the evolution of money, the text claims that

A) government regulation is the most important factor.

B) commodity money, because it is valued more highly, tends to drive out paper money.

C) new forms of money evolve to lower transaction costs.

D) all of the above are true.

Here is the answer:

C.new forms of money evolve to lower transaction costs.

Explanation:

Before the advert of money, transactions between individuals were based on exchange goods for goods, a system called trade by barter. The system of trade by barter permits individual who has a particular good but desire another to exchange the goods he has with another person who has the goods he desires.

However, this system has a major flaw: transaction costs were higher.

The system of trade by barter only works if the two people involved has complimentary possession of goods that the other wants and be able to locate each other. With this high transaction costs, exchange of goods was difficult to carry out.

On this background, money evolve to lower this transaction costs and make exchange of goods possible without the need to have what another person wants and the trouble of finding where they are.

You might be interested in
At January 1, 2019, Deer Corp. has beginning inventory of 2,000 surfboards. Deer estimates it will sell 10,000 units during the
coldgirl [10]

Answer:

The correct answer is $1,881,600

Explanation:

According to the scenario, the computation of the given data are as follows:

Unit sells = 10,000 units

Growth rate = 12%

Selling price = $150 per unit

Costing = $100 per unit

So, we can calculate the budget sales revenue by using following formula:

Budget sales unit for quarter 3 = (10,000 × 112%) × 112% = 12,544

So, budget sales amount for quarter 3 = 12,544 × $150

= $1,881,600

4 0
3 years ago
My answer b am I right
pychu [463]
Yes, you are correct :)
5 0
2 years ago
Rent controls force landlords to price apartments below the equilibrium price level. An immediate effect is a shortage (excess d
IrinaK [193]

Answer:

Option (a) and (c) are correct.

Explanation:

We know that rent control is an example of price ceiling. If the price of apartments set below the equilibrium price level then there is increase in the demand for apartments. So, the demand for apartments exceeds quantity supplied at the prevailing market price.

(a) Therefore, the quality of rental housing falls because of the lower price of the apartment. As this will become less profitable for the landlords, so they are least interested in the maintenance of the apartments.

(b) This will also lead to develop black market. The landlords are trying to fool the higher authorities and rent their apartments at a higher cost because this will be done without any type of legal documentation of the apartments or results from the manipulation of the rules.

6 0
3 years ago
Gina Robinson, Inc. (GRI) GRI management has decided to reinvent the culture of the organization. Previously, the company tried
Nuetrik [128]

Answer:

C) Telecommuting

Explanation:

Telecommuting simply means working from your home. The internet changed our lives completely, and it is also how we work. Everyday more people are starting to work from distant locations to their "main office". This means that they can be working at their house using a computer which is connected to the company's intranet.

Some of the advantages of telecommuting is that it increases efficiency by decreasing costs (you don't have to spend time going to work and you can have your office at home), reducing employee churn rate, allowing older or disabled people to work, it is good for your health, and around 65% of telecommuters in the US have have increased their work efficiency vs. their normal office work.

7 0
2 years ago
A change in location with respect to a reference point is ___ <br> PLEASE HELP!!!
balandron [24]

Answer:

Motion.

Explanation:

Motion can be defined as a change in location with respect to a reference point.

This ultimately implies that, motion would occur as a result of a change in location (position) of an object with respect to a reference point or frame of reference i.e where it was standing before the effect of an external force.

Mathematically, the motion of an object is described in terms of acceleration, time, distance, speed, velocity, displacement etc.

3 0
3 years ago
Other questions:
  • Hannibal Steel Company has a Transport Services Department that provides trucks to haul ore from the company’s mine to its two s
    7·2 answers
  • Effects of containerisation,..... 10 points
    9·1 answer
  • Nevin negotiates a deal for the sale of twenty-five acres of farmland to Otis. Nevin promises to hold the offer open in return f
    8·1 answer
  • A sporting goods store purchased $10,150 worth of ski boots in October. The store had $4,350 of ski boots in inventory at the be
    9·1 answer
  • Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $390,000 and credit sa
    6·1 answer
  • Simon lost $5,000 gambling this year on a trip to Las Vegas. In addition, he paid $2,000 to his broker for managing his $200,000
    7·1 answer
  • At the beginning of the current season on April 1, the ledger of Sandhill Pro Shop showed Cash $2,950; Inventory $3,500; and Com
    5·1 answer
  • What is the relationship between institutions, such as private property rights, and productive resources in terms of encouraging
    14·1 answer
  • Every night after working the swing shift, Sierra stops by the 24-Store near her house. She often buys bread, cold cuts, and Dr.
    10·1 answer
  • AWNSER THIS ASAP PLEASE
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!