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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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A farmer raises wheat and pays a portion of it as a tax that is collected by government agents and sent to a central storage fac
Olegator [25]

Answer:

REDISTRIBUTION                      

Explanation:

Redistribution of assets and income can be defined as social mechanism like taxes, education, healthcare, government services, political reform, fiscal policy, confiscation, separation or tort rule is the redistribution of wealth and income from some persons to others.

The phrase's meanings differ, based on private experiences, political philosophies and limited statistical usage. In politics, it is often said, probably referring to supposed transfers of wealth from those with more to those who have less.

3 0
3 years ago
Suzanne works 25hours a week for four weeks at $9.50 per hour. How much does she earn at the end of four weeks?
Akimi4 [234]

Answer:

$950 in 4 weeks

Explanation:

25 x 9.5 = 237.5

237.5 = 950

OR

25hrs times 4 wks is 100hrs

100 x 9.5 = 950

6 0
3 years ago
You form an alliance with a group of your coworkers at the office and agree that you will only discuss group-related matters at
8_murik_8 [283]

Answer:

d. Group Norm

Explanation:

Group Norms are informal rules that generally discourage behaviors that impede the efficacy of a group and and encourage the group to work efficiently.

They are regulations that groups adopt that ensure some form of order and they are also a reflection of the expectation of members of the group should interact and work.

Here, agreeing that members of the group will only discuss group-related matters at 1pm on Wednesdays is an example of a Group Norm because;

1. It is an unwritten rule

2. It is majorly to ensure that order is maintained so that the purpose of the group remains undefeated.

3 0
3 years ago
Joe's Tasty Burger has determined that its production facility has a design capacity of 400 hamburgers per day. The effective ca
Nat2105 [25]

Answer:

Design Capacity Utilization= 75%

Production efficiency = 120%

Explanation:

Okay, so the question is to determine both the design and the effective capacity utilization measures and make a conclusion from there

1. The Capacity Utilization = The Actual Output/ Design Capacity

Actual Output= 300 hamburgers a day

Design Capacity = 400 Hamburgers a day

Therefore Capacity Utilization = 300 hamburgers/400 hamburgers x 100

= 75%

2. The Efficiency of the production = The Actual Output / The Effective Capacity

Actual Output = 300 Hamburgers a  day

Effective Capacity = 250 hamburgers

= 300 Hamburgers/ 250 Hamburgers x 100

= 120%

Conclusion

First we see that the actual utilization of capacity is more better than the effective capacity and this is good. Also, the Design Capacity is higher than the actual capacity utilization which should also be expected as design capacity is a calculation based on ideal conditions that may be not realistic in real life conditions.

3 0
3 years ago
Account junral entire of Rai account was settled by cash of rs 24000<br>​
kifflom [539]

Answer:

cash A/C•••••••••••Dr.

To,Rai´s A/C

7 0
3 years ago
Read 2 more answers
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