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Ann [662]
3 years ago
12

Both seashells and corn have been used as money in the past. Which do you think is a better choice? Explain your answer by refer

ring to the functions, properties, and types of money.​
Business
1 answer:
Katarina [22]3 years ago
5 0

Answer:

Seashells  were better than corn.

Explanation:

I think shells were the better choice. They were also used as ornaments. The shells were very easy to use and durable. Payments were made using shells. The shells are considered as the oldest form of currency and they originated in ancient China.

It helped in a growing trade. Shells were the part of commodity money.Sea shells were used as a whole or partial. Shells were used either in the shape of beads or artificially shaped.

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A bank's actual reserve ratio is the percentage of total deposits a bank actually holds on to. It is made up of the percentage t
Vsevolod [243]

Answer:

The increase in the money supply will be "833333.33".

Explanation:

  • The real reserve ratio of either a lender seems to be the proportion of overall reserves another bank currently occupies onto another.
  • It consists of the proportion they become required to secure forward with, referred to that as the reserve requirement expected, including whatever extra those who happen to retain onto this.

According to the question,

The multiplier will be:

⇒ \frac{1}{RRR}

⇒ \frac{100}{12}

⇒ \frac{25}{3}

So the increase will be:

⇒ 100000\times \frac{25}{3}

⇒ 833333.33

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Michael works as a financial advisor in a doctor’s office. The two organizations that Michael most likely belongs to are the AFP
balandron [24]

Answer:

The two organizations that Michael most likely belongs to are the AFP and AMA. AFP and ACS. AMA and AIA. AIA and ACS. 2.

Explanation:

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3 years ago
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The _____ refers to the consumer's perception of the product as a bundle of values of utilitarian and symbolic values that satis
Mamont248 [21]

Answer:

Product Concept

Explanation:

The one which represent the perception of the consumer or customer of the product as a bundle of the values of symbolic as well as utilitarian values and that satisfy the psychological, functional, social and the other needs and wants of the customer will be referred to as the product concept. And it is basically a blueprint of the idea.

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A buyer submits an offer to purchase to the listing agent. He finds out that more than several offers are coming in for the same
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A buyer submits an offer to purchase to the listing agent. He finds out that more than several offers are coming in for the same property. He can expect that all offers will probably be presented at the same time, and the seller will select among them.

Explanation:

In certain situations buyers have to consider multiple rival purchase deals. Sellers will deal with different deals in several ways.

Sellers should consider the "highest" bid; warn all potential buyers that other deals are "at the table;" they can "compare" one offer by put the another offer on the side pending a counter-offer vote, or they can "fight" one offer and refuse the other.

The various bargaining tactics that you can use in multiple deals agreements are advantages and disadvantages. The low initial bid may lead to the purchase of the property you want for less than the quoted price, or may lead to the acceptance of a higher offer from another bidder.

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3 years ago
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