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maksim [4K]
4 years ago
7

On the island of Mabera, the local money is called "favoli." The price of every good in Mabera is expressed as the number of fav

olis needed to buy the good. The use of favolis to express the price of goods describes which function of money?
Business
2 answers:
tatuchka [14]4 years ago
7 0

<u>Answer:</u>

The correct option is Unit of account

<u>Explanation:</u>

One of the functions of money is Unit of accounts in economics. The worth of an object is measured in a distinct currency. One of the downfalls of unit of account is that it is regarded as the steady unit of account but inflation factor devastate the said assumption that money is steady. It is regarded as the basic property of the money.

Thus, the correct option will be Unit Of Account.

erastova [34]4 years ago
3 0

Medium of exchange

Explanation:

Favoli works as “medium of exchange” on the island of Mabera.

Explanation- “Medium of Exchange” refers to the property of money by which it increases the interaction between the buyer and a seller. On the island of Mabera, every commodities price is expressed in the count of Favoli. There-by it means Favoli forms a medium of common exchange where any commodity can be converted into equivalent units of Favoli and vice-versa.

This is the most common use of money and it can be seen as the evolution over the traditional barter system which suffers from the “lack of wants”.

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guapka [62]
My answer is choice d.
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3 years ago
Ashley Anderson pays her HOA dues of $660 for the calendar year. She then sells her property and closes on June 15. What is the
Alenkinab [10]

Answer:

The amount of the prepaid portion that is due back to Ashley using the 12 month, 360 day proration is=$362.34

Explanation:

<em>Step 1: Determine HOA per day</em>

Use the expression below to determine HOA per day;

T=H×N

where;

T=total HOA dues per year

H=HOA per day

N=number of days in a year

In our case;

T=$660

H=unknown

N=360 days

Replacing;

660=H×360

360 H=660

H=660/360

H=$1.83 per day

<em>Step 2: Determine amount of HOA that is due back</em>

Using the same expression;

T=H×N

but;

T=unknown

H=$1.83 per day

N=(June, 15 days)+(July, 30)+(Aug, 31)+(Sep. 30)+(Oct 31)+(Nov 30)+(Dec 31)

N=(15+30+31+30+31+30+31)=198 days

Replacing;

T=(1.83×198)=$362.34

The amount of the prepaid portion that is due back to Ashley using the 12 month, 360 day proration is=$362.34

5 0
3 years ago
Every decision you make in a computer program involves evaluating one or more _____ expression(s).
fenix001 [56]

Answer:

Boolean expression.

Explanation:

Boolean algebra provides the operations and the rules for working with the set {0, 1}. In computer science, a Boolean expression is an expression in a programing language that produces a Boolean value when evaluated i.e. one of true or false.

Each Boolean expression represents a Boolean function. The values of this function are obtained by substituting 0 and 1 for the variables in the expression.

Are used mostly with while loops, and conditional statements and can be contrasted with arithmetic expressions which are expressions that evaluated to a number.

These expressions are made up of the three logical operators (AND, OR, NOT), the relational operator (> >= < = = <>) and functions that return true or false.

4 0
3 years ago
Which of the following is a duty of a personal finance manager?
Eva8 [605]

Answer:

Filling rax return is a duty of a personal finance manager

4 0
3 years ago
) for correct answers, how will your scores be affected with each submission you use up? select all that apply. after a few subm
kodGreya [7K]

Answer:

The answer is "You won't lose any answers even if you're using all approved entries".

Explanation:

In the given question there is some mistake in the choices. so, we define only the correct answer.

The above-given choices describe the  Its application may also apply to the reports produced so that it can make the quality of the documentation acceptable.  

It is just an act that offers someone a document, a proposal, a written document, etc. because it can be considered or accepted. Its state of obedience action of acknowledging another person's authority or power.

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3 years ago
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