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allsm [11]
3 years ago
14

Of money's three functions, the one that distinguishes money from other assets is its function as a a. store of value. b. unit o

f account. c. standard of deferred payment. d. medium of exchange.
Business
1 answer:
tiny-mole [99]3 years ago
4 0

The one that distinguishes money from the other assets is that it is used as a medium of exchange

Explanation:

Money is one of the most important factor in our day to day lives it has become as defining the country's economic standard and it is widely accepted all over the world

Money is used as the medium of exchange because we can buy all the necessary things using the money and can use it as a medium to exchange of goods and services. There are also other important functions as the method of comparing the values

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You get your first paycheck at the job the agency got you. Your pay was supposed to be $200. But your check was for $150.00 only
galina1969 [7]

the check had tax and other fees removed

6 0
3 years ago
Label each statement as either "True" or "False" below.
Umnica [9.8K]

Answer:

The answer is

1. False

2. True

3. True

4. True

5. False

Explanation:

1. False. Banks does not keep the entire value of all customer deposits in the bank vault. Some customers deposit will be given out as loan and other Investment opportunities.

2. True. Loans given out to borrowers are part of customers' deposits.

3. True. Bank run occurs when customers try to withdraw their money from a bank at once, maybe the bank is in crisis.

4. True. Federal Deposit Insurance Corporation protects customers' deposits

5. False. The fractional reserve banking system requires all banks to keep part of customer deposits in the bank vault to prevent bank runs

4 0
4 years ago
Making an economically rational decision requires
finlep [7]

Answer:

B. Always considering the long run

Explanation:

This is because economic decision making gives one the over view of it's effect in the near future

3 0
3 years ago
What is the total stockholders' equity based on the following account balances? Common Stock $375,000 Paid-in-capital in excess
maks197457 [2]

Answer: $640,000

Explanation:

The total Stockholders Equity for a company is calculated by;

= Common Stock + Paid-in-capital in excess of Par + Retained Earnings - Treasury Stock

Treasury Stock reduces stockholder equity as the company bought the shares back from the stockholders.

= 375,000 + 90,000 + 190,000 - 15,000

= $640,000

8 0
4 years ago
Which of the following is true of brand equity? Multiple Choice It is a tangible asset that adds value to a service. It allows t
Blababa [14]

I believe the answer is: it is an asset that adds value to a service

Brand equity refers to the positive perception that the consumers have towards our brand. This considered as an asset because brand equity is strongly correlated with consumers loyalty. It creates the perception that our brand would always had a certain level of Superiority compared to other brands regardless whether their assumptions is correct or not.


3 0
3 years ago
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