All categories

3 years ago

When you gave your friend a fifty-dollar bill for an iPod, you used money as a

1 answer:

4 0

When you gave your friend a fifty-dollar bill for an iPod, you used money as a medium of exchange.
This is because you exchanged your money for an iPod.

You might be interested in

Gabriella strongly prefers a specific brand of gourmet coffee. Since there is only one store in her area that sells her brand, s

omeli [17]

Answer:

A. True

Explanation:

For her it is a specialty good because it not sold everywhere, therefore she makes the extra effort.

7 0

3 years ago

the difference between what it costs to make and sell a product and what a customer pays for is referred to as

Bas_tet [7]

Answer:

The difference between what it costs to make andsell a product and what a customer pays for is referred to as

3 0

3 years ago

Assume that the marginal propensity to consume is 0.8 and that potential output is $800 billion. If real GDP is $850 billion, to

kari74 [83]

The following policies would bring the economy to potential output is Decrease government spending by $10 billion.

<h3>What is Marginal Propensity?</h3>

The "Marginal Propensity" to consume is defined as calculate quantification of money that consumers are ready to spend.

The term "Marginal propensity" to consume is term used in economics. It measures monetary value which consumer is willing to spend to buy goods and services instead of saving it.

The "Marginal Propensity" to consume tends to increase economic activities of country by keeping cash flowing and by not keeping it stagnant. It also helps in increasing trade value and quality and cost of products because it increases healthy competition among companies and in which consumers are ultimately benefitted.

Therefore , we can conclude that the correct option is C.

Learn more about Marginal propensity on:

brainly.com/question/17930875

#SPJ4

7 0

2 years ago

Rula has purchased a new car for $15000. She paid $2,000 as a down payment, and she paid the remaining balance by a loan from he

Ahat [919]

Answer: 4 years

Explanation:

First find the amount Rula borrowed from her hometown bank:

= Price of car - Down payment

= 15,000 - 2,000

= $13,000

The amount that Rula is to pay is an annuity. The loan is the present value of that annuity.

Present value of annuity = Annuity * Present value interest factor of annuity

13,000 = 4,280 * Present value interest factor of annuity

Present value interest factor of annuity = 13,000 / 4,280

= 3.0373

Use an annuity table to find out the year that 12% as a discount rate intersects with, such that the present value of interest factor of annuity is 3.0373.

That number is:

= 4 years

7 0

3 years ago

This year, FCF Inc. has earnings before interest and taxes of $10 comma 400 comma 000, depreciation expenses of $1 comma 000

krek1111 [17]

Answer:

Free cash flow is $8,925,000

Explanation:

Free cash flow is the net cash cashflow available for the shareholders or for the reinvestment after paying all capital expenditure.

Free Cash flow

Earning Before Interest and Tax $10,400,000

Add: Depreciation expenses $1,000,000

Less: Capital expenditures $1,900,000

Less: Increase in net working capital $575,000

Free cashflow $8,925,000

8 0

3 years ago