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konstantin123 [22]
3 years ago
6

The essential problem that money solves in an economy is: a. a lack of a double coincidence of wants in an economy based on bart

er. b. it serves as a common acceptable medium of exchange for trade. c. it is backed by a gold standard that protects against inflation over the long-term. d. both A and B.
Business
1 answer:
navik [9.2K]3 years ago
4 0

Answer:D

Explanation:

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If $360 is invested at an interest rate of 4% per year and is compounded quarterly, how much will the investment be worth in 18
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Which one of the following parties can sell shares of ABC stock in the primary market? A. ABC company B. Any corporation, other
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Answer:

The correct answer is letter "A": ABC company.

Explanation:

Corporations and governments finance their activities by issuing stock or bonds which are <em>purchased by the public directly from the issuing corporation or government entity</em>. This is considered the primary market, which provides investors their first chance to purchase new security.

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I used an excel spreadsheet because there is not enough room here.    

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Download pdf
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