1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hoa [83]
3 years ago
10

The functions of money are to serve as a rev: 06_06_2018 Multiple Choice resource allocator, a method for accounting, and a mean

s of income distribution. factor of production, exchange, and aggregate supply. unit of account, a store of value, and a medium of exchange. determinant of consumption, investment, and government spending.
Business
1 answer:
aliina [53]3 years ago
6 0

Answer:

unit of account, a store of value, and a medium of exchange.

Explanation:

Functions of money

1. Medium of exchange : money can be used to exchange for goods and services. For example, money serves as a medium of exchange when you pay $20 for your favourite jeans

2. Unit of account : money can be used to value goods and services, For example, $20  is the value of your favourite jeans

3. Store of value : money can retain its value over the long term, this it can be used as a store of value

You might be interested in
If a loan is risky and extends for more than a year, the lender may ask for
yawa3891 [41]

collateral looks like the best option

3 0
3 years ago
Read 2 more answers
Lilliput is a country that has closed borders and does not import or export any goods or services; hence, they do not worry abou
erik [133]

Answer:

$0.12 billion; a budget surplus

Explanation:

Given that,

Total spending for the last fiscal year = $4.71 billion

Tax collected during the same fiscal year = $4.83 billion

Government transfers = $0

Lilliput's budget balance:

= (Taxes - Government transfers) - Total spending of government

= ($4.83 billion - $0) - $4.71 billion

= $0.12 billion

Therefore, the Lilliput has a budget surplus during the last fiscal year because of the positive budget balance.

5 0
3 years ago
Every Monday during the month of December, salespeople who had the highest sales the previous week participated in a package sur
VARVARA [1.3K]

Answer:

Sales contest.

Explanation:

In this scenario, every monday during the month of December, salespeople who had the highest sales the previous week participated in a package surprise, where each would receive a package containing either a $50 or a $100 bill. This short-term incentive is known as a sales contest.

A sales contest can be defined as a short-term incentive program developed or created by a business entity to motivate its sales personnels in order to achieve specific sales objectives and targets.

<em>Basically, it is mainly competitive so as to motivate and stimulate salespeople to meet set objectives, goals and targets by duly rewarding with prizes. </em>

7 0
3 years ago
The outstanding bonds of Winter Time Products provide a real rate of return of 3.00 percent. The current rate of inflation is 2.
Delicious77 [7]

Answer:

The nominal rate of return on these bonds is 5%

Explanation:

The Formula for the Real Rate of Return is

Real rate of return =Nominal interest rate - Inflation rate

So,  

Nominal interest rate=Real rate of return+Inflation rate

Nominal interest rate=3%+2%

Nominal interest rate=5%

4 0
3 years ago
An investor owns $3,000 of Adobe Systems stock, $6,000 of Dow Chemical, and $7,000 of Office Depot. What are the portfolio weigh
Drupady [299]

Answer:

0.1875; 0.375; 0.4375

Explanation:

Given that,

Adobe Systems stock = $3,000

Dow Chemical = $6,000

Office Depot = $7,000

Total Value of stock:

= Adobe Systems stock + Dow Chemical + Office Depot

= $3,000 + $6,000 + $7,000

= $16,000

Portfolio weights of Adobe Systems stock:

= Value of Adobe Systems stock ÷ Total Value of stock

= $3,000 ÷ $16,000

= 0.1875

Portfolio weights of Dow Chemical stock:

= Value of Dow Chemical stock ÷ Total Value of stock

= $6,000 ÷ $16,000

= 0.375

Portfolio weights of Office Depot stock:

= Value of Dow Chemical stock ÷ Total Value of stock

= $7,000 ÷ $16,000

= 0.4375

3 0
3 years ago
Other questions:
  • Match each type of unfair business practice with its description.
    12·1 answer
  • Lucky Cow Dairy provided the following expense information for May:Assembly line workers' wages: $72,300Caps for milk bottles: 3
    12·1 answer
  • 1. An economy is initially at full employment, but a decrease in planned investment spending (a component of autonomous expendit
    8·1 answer
  • The Lending Club removed CEO Renaud Laplanche in 2016. Hans Morris, the company executive chairman, lauded him, saying his entre
    13·1 answer
  • John sees that his company's quarterly sales and profits are significantly above projections and says, "That's great. Let's keep
    7·1 answer
  • Why was hop frog a triplicate treasure to the kink how did the gesture get his name
    12·1 answer
  • Linda, a manager at Addoso Inc., is writing a proposal on how a new work benefit will affect employees' attitude toward their jo
    6·2 answers
  • Whats the connect between running a business and being responsible with your own finances.
    6·2 answers
  • Difine the following <br>1 operetional cost <br>2 social cost and <br>3 complementary goods​
    14·1 answer
  • Mark is a software tester. He runs through the same types of programs day after day looking for bugs and reporting them. He is t
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!