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
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>
You might be interested in
Which of the following is an example of the barter system?
nlexa [21]

Answer:

B. Taking a friend to lunch in return of a favor

Explanation:

Barter System is  direct commodity/ service to commodity/service exchange  , without using money as an intermediary exchange medium . It is also called C to C exchange .

Eg : Two farmers exchanging their wheat & rice , A teacher teaching grocers' child in exchange of groceries from him .

So : A. Simple Investment , C. Money Purchase , D. Money Denomination exchange - neither are examples of Barter System .

B . Paying off a friend's favour in exchange of a service (being service-service exchange) is a relatable  example.

4 0
3 years ago
Polarix is a retailer of ATVs (all-terrain vehicles) and accessories. An income statement for its Consumer ATV Department for th
kompoz [17]
What are you suppose to here ?
4 0
3 years ago
The flow of money in transnational corporations is not balanced. this is true in two ways. explain
AleksAgata [21]
1. Because only 25% of the foreign investment went from MDCs to LDCs.

2. Money is not invested evenly among LDCs (most money went to China).
3 0
3 years ago
When using statistics to support a speech, it is best to do all of the following except:
Stells [14]
When using statistics to support a speech, it is best to do all of the following except:
d. use a lot of statistics in a speech to make the speech exciting.

This is an example of too much tends to overwhelm your audience. A few very well done graphics can convey more and catch their attention.

Statistics are to enhance the message you are relaying.
8 0
3 years ago
Read 2 more answers
Identify the statement that is incorrect. Multiple Choice Higher financial leverage involves higher risk. Risk is higher if a co
Irina-Kira [14]

Answer:

Risk is higher if a company has more assets.

Explanation:

All of the following statements are true and correct;

1. Higher financial leverage involves higher risk.

2. Risk is higher if a company has more liabilities.

3. The debt ratio is one measure of financial risk.

4. Lower financial leverage involves lower risk.

However, it is false and an absolutely incorrect to say risk is higher if a company has more assets.

A company having more assets would have a debt ratio less than one (1) because it has many assets to fund it's business. Thus, the company would have little or no debts and as such, it's risk portfolio is very low.

Hence, risk is lower if a company has more assets.  

8 0
3 years ago
Other questions:
  • What does it mean when a return is reject for code 0503
    9·1 answer
  • If the marginal propensity to consume equals 0.90​, the tax rate equals 0.25​, what is the value of the government purchases​ mu
    7·1 answer
  • Running vertically down the market-product grid, each column represents an opportunity for efficiency in A. A product grouping.
    11·1 answer
  • The net income reported on the income statement for the current year was $240,000. Depreciation was $52,000. Accounts receivable
    9·1 answer
  • Which of the following statements describes GAAP?
    5·2 answers
  • As the chief of strategy for Paradigm Software, Bill Fence has decided the risks of software piracy in Indonesia are too high to
    6·1 answer
  • Ben Bradley started Bradley Company on January 1, Year 1. The company experienced the following events during its first year of
    10·1 answer
  • Automobiles are often leased, and there are several terms unique to auto leases. Suppose you are considering leasing a car. The
    9·1 answer
  • Based on past experience, Maas Corp. (a U.S.-based company) expects to purchase raw materials from a foreign supplier at a cost
    13·1 answer
  • What is the definition of revenue cycle management?
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!