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3 years ago

1.the biggest problem when using metals or cowry shells for trading is____

Business

2 answers:

ozzi3 years ago

4 0

I believe the answer is:

1.B.large amount becomes very heavy to carry around

This mean that for making a large purchase, the buyers need to provide additional cost for transportation (providing the space needed to carry the metal to the sellers). This make it easier for that money to be stolen/robbed by bandits in the middle of the journey.

2.B no longer used by many countries

Gold standard refers to a monetary system that is based on a fixed quantity of gold. If the amount of gold held by a country is high, the strength of that country's currency would increase over other country's currency. This system is ineffecient since a country's wealth could also be measured by other resources beside gold.

3.D.they are the same weight and same metal

When we use metal as exchange basis, the value of the coin would be determined by the rarity of the metal and quantitative amount of metal. The rarity usually correlated with the type of the metal (such as gold would be more expensive than iron), and the quantitative amount could be more accurately measured through weight.

4. A 2oz

The trading value is determined by many factors in the gold market, and the amount of weight could be obtained by conducting a simple division.

Currently, gold is traded at $ 800 / Oz

If your current coint had the worth/value of $ 1600 ,

Then the weight of your coul would be :

1600 / 800

= 2 Oz

Usimov [2.4K]3 years ago

3 0

Number 1 should be B.

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Which term refers to an affiliate relationship between an accounting/auditing firm and its sponsoring organization in China? a.

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b. Hooking up is the term refers to an affiliate relationship between an accounting/auditing firm and its sponsoring organization in China.

Explanation:

Hooking up is the term refers the affiliate relationship between an accounting/auditing firm and its sponsoring organization.

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The auditing firm works for their sponsored organization and helps them in achieving their goals.

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3 years ago

Which of the following statements are true regarding dividends? (You may select more than one answer. Single click the box with

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Answer:

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Explanation:

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3 years ago

27. Average cost curves (except for average fixed cost) tend to be U-shaped, decreasing and then increasing. Marginal cost curve

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Answer:

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3 years ago

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During the year a donor pledged $1,000,000 in funds to a not-for-profit private charter school. The school will receive the pled

KonstantinChe [14]

Answer:

D) It would not be recorded.

Explanation:

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No matter what kind of restriction a donor might impose, FASB standards require nonprofits to report finances in a way that makes it clear which funds have donor restrictions and which funds come without donor restrictions. FASB standards are in three categories: “unrestricted,” “temporarily restricted,” and “permanently restricted.”

Unrestricted are those items that have no donor-imposed restrictions

Temporarily Restricted are those items that were received with a donor-imposed restriction that will be satisfied in the future (generally within one year)

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3 years ago

Six months before filing for bankruptcy, shirley sold her new car to her brother, claude, for $100 so that her creditors could n

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2 years ago