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bekas [8.4K]
3 years ago
5

Most of the time it is quite difficult to separate the three functions of money. Money performs its three functions at all​ time

s, but sometimes we can stress one in particular. For each of the following​ situations, identify which function of money is emphasized.(a) Brooke accepts money in exchange for performing her daily tasks at her​ office, since she knows she can use that money to buy goods and services.In this​ case, money is being used as a _______.(b) Tim wants to calculate the relative value of oranges and​ apples, and therefore checks the price per pound of each of these goods quoted in currency units.In this​ case, money is being used as a ______.(c) Maria is currently pregnant. She expects her expenditures to increase in the future and decides to increase the balance in her savings account.In this​ case, money is being used as a _______.
Business
1 answer:
PtichkaEL [24]3 years ago
8 0

Answer:

Explanation:

a. Money is being used as a medium of exchange because Brooke is accepting money in exchange for doing her daily tasks at the office. Money facilitates transactions:  Brooke will use some of that money to buy food, if money wouldn´t exist, the company will have to pay her in food, but for the company is difficult to measure how much apples, rice, coffee and other does Brooke´s work represent.

b. Money is being used as a unit of account because it provides a common measure of the value of goods or services, in this case oranges and apples.

c. Money is being used as a store of value. Even though money loses value because of inflation is the most liquid asset a person can have.

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Delivering health care goods and services requires several inputs, in economic terms. These inputs can be classified as either Q
Elina [12.6K]

Delivering healthcare goods and services requires several inputs in economic terms these inputs can be classified as either <u>labor</u><u> </u>or non-labor.

<h3>What are non-labor inputs?</h3>

Speaking from the perspective of the factors of production, on one hand, non-labor inputs refers to such inputs as:

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The amount of labor input is calculated as either the number of employees or the number of hours they put in during a specific time period, such a year.

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6 0
2 years ago
The strategies used to promote generalization will also make skill maintenance more likely to occur.
Murljashka [212]

Answer:

True

Explanation:

Generalization creates a set of common practice which is further considered as an identifiable acceptable standard for the instance.

As for example if we state that a person is good at cooking, on the basis on generalization it will be considered necessary and obvious that the person knows the skills of cooking basic food of that region.

Generalization thus, creates a kind of basic skills in every person of that domain. This will influence people to develop more skills.

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3 years ago
How much do paranormal investigators make yearly?
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They make around  $40,000.

Hope this helps !

Photon
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