Incomplete question. Here's the remaining question;
A. It is a two-party instrument.
B. It necessitates that the seller has to be both the drawer and the payee.
C. It is always payable on demand.
D. It requires that the drawer is holding the drawee's money.
Answer:
C
Explanation:
Note that, to be always paid on demand implies that any time a request is made (demanded) to the bank will be fulfilled.
Therefore, an individual has a sense of security using checks to receive payments.
I believe the answer is -A!
Have a Warm and Wonderful Day!!
Answer:
B) Durable
<u>Multiple-choices</u>
A) Portable B) Durable
C) Divisible
D) Acceptable
Explanation:
Durability is a vital feature of money. It refers to the ability of money to be used over and over again. Durability implies that money should withstand wear and tear for a long duration. Because money is meant to circulate without limitations, it should be made to last for a considerable period. Printing of money is an expense. To save on this cost, both notes and coins should be made durable.
Answer:
The real GDP increased by 44%.
Explanation:
The nominal GDP is the measure of economic growth which measures change in output at the current market price.
While, the real GDP calculates the change in output at constant prices. It is inflation adjusted method and does not include change in price level. It purely measures the change in economic output.
The consumer price index = Nominal GDP/Real GDP
In other words, Real GDP= Nominal GDP/consumer price index
Real GDP in 2009=
=$1
Real GDP in 2010=
=$1.44
So, the GDP growth rate will be, $(1.44-1)*100=44%
Answer:
The answer is:
focus group
Explanation:
a focus group is a small group of a population, made up of the different categories of the members of the larger population (demographic diversity, whose reactions on particular research are studied using a guided or open discussions, to reflect reliably the reactions that can be expected from the larger population. Use of focus groups is for data collection. In this example, the intended research is on "how homeowners do yard work" and " their views on hiring lawn care services". The group to be focused on (focus group) is the homeowners, so anyone who does not own is home is not part of this group and in order for this group to accurately reflect all the homeowners population, it should include men and women, with different types of homes.
