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pentagon [3]
3 years ago
9

What is the relationship between gold standard and the concept of representative money?

Business
1 answer:
ANTONII [103]3 years ago
5 0
<span>It is the value of the gold that backs the value of representative money.</span>
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Tell me about one of your most passionate beliefs and explain how it has an impact on the way you think, behave, attend events,
WITCHER [35]

Answer:

One of my most passionate belief is "Fail Better". This is the belief which I developed since childhood, my family kept on saying this me when I was just 10 years old. Since then, It has been deeply rooted and firmly suited in my mind. It has influenced me from my childhood, I never felt hesitated in taking risks, trying new ideas, things and adventures in my whole life. This has definitely impacted the way I think, behave and communicate with others. This belief was then further been transformed and translated into "Fall seven times, Get up eight". I have followed these rules very strongly in my whole life.  I have started many small businesses when I was in college, almost I failed in them but I learnt so many things which none could have taught me.

5 0
3 years ago
A refrigerator used by a wholesale warehouse has a cost of $64,000, an estimated residual value of $5,200, and an estimated usef
PilotLPTM [1.2K]

Answer:

(64,000- 5,200 = 58,800).

Explanation:

Subtract your originial cost from the residual value. (64,000- 5,200 = 58,800).

3 0
3 years ago
Fess Hardware Store had net credit sales of $8,500,000 and cost of goods sold of $5,000,000 for the year. The Accounts Receivabl
polet [3.4K]

Answer: 12.5 times

Explanation:

The accounts receivable turnover tells you how effective your company's collection mechanism is.

Accounts Receivable turnover = net credit sales/accounts receivables

= 8500000/600000+760000 = 12.5 times.

5 0
3 years ago
A government intervenes in the marketplace when it believes that the benefits are _____ the costs. greater than less than the sa
Pavlova-9 [17]

I believe the answer is: Greater

For example, let's say that there is a company that make vehicles with no pollutant for the environment.

The government in this situation might provide the company with incentives with the reason that the amount of incentive is smaller compared to the amount of expense that the government had to spend to fix the damage to the environment.

7 0
3 years ago
It is rumored that the Illinois Operations Manager, Sam, has requested the quarterly budget to include an available position for
vovangra [49]

Answer:

The correct answer is letter "B": Convene a meeting and ask Sam to substantiate the need for a new team leader. Review the ethics policy and company hiring guidelines. Express your concerns about the budget.

Explanation:

First of all, the company must <em>confirm if there is really a need for a team leader in the assembly area</em>. If so, the benefits of having such a professional must be pointed out. If approved, because of the rumors of Sam hiring a friend for the position,<em> the ethics policy and company hiring guidelines must be clarified</em> in order to let Sam know that the new leader must be selected after the evaluation of a number of applicants who can could suitable for the position. Last but not least, the details of the reasonable income this new leader will receive should be explained to find out <em>what would be</em> <em>the impact on the company's budget</em>.

7 0
3 years ago
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