Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
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Complete Question
What is true of representative money? Check all that apply.
A. It can be exchanged for a valuable good.
B. It was once the most common form of money.
C. It was used in systems involving a "gold standard."
D. It can be traded for a commodity such as silver.
E. It is made with precious metals or stones.
Answer to this Question:
A. It can be exchanged for a valuable good.
C. It was used in systems involving a "gold standard."
D. It can be traded for a commodity such as silver.
Yes, it is very much true that money can be exchanged for valuable goods. We can certainly buy goods in return for giving money. Different commodities can be purchased by exchanging it. This is very common method which you can see all around you now-a-days. Money can also be used to buy the gold. It means money's form can be changed in this particular way, the gold then can be traded in the same way as you can use money as we have mentioned in the option A. Money can also be traded directly for a commodity such as sliver or other precious metals as well. Money's main function in all of the valid options here will remain the same; Exchange, used to purchase another commodity by using it in its pure form or trading it indirectly in another form. Whereas it totally different from the Barter trade where people used different commodities as an exchange medium to buy another one.
Answer:
The value of the investment at the time of his first deposit is $1,000.
At the end of the first year, the investment will be worth $1,070.
Explanation:
The value of a deposit investment is determined by the interest rate and time. Time affects the value of an investment by this small-scale businessman in many ways. The passage of time increases the value of his investment. However, the total increase may not be due to the interest rate, but inflation also affects asset's value. For this businessman to make a gain in the investment, the interest rate must be higher than the inflation rate. Otherwise, the investment loses money due to the effects of inflation, which reduces the real value of an asset over time.
Explanation:
a.Total Assets
The numerator in the calculation of the ratio of liabilities to stockholders' equity is Total Assets
6% annual output must be sacrificed in the transition.
Annual output is the sum of the Annual Production for a given year plus the amount of Poly Purge recycled for that year, or a fraction thereof.
A unit of annual output is the total amount of products or services produced in a certain time frame (for instance, a year). The number of units of a single good produced by a company in a certain period of time, such as a month or a year, is its output. something created, for example. steel output, mineral, agricultural, or industrial production. B: Intellectual or creative output Literature. C: The quantity a person produces in a specific period of time.
Learn more about annual output here
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