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
Arisa [49]
3 years ago
15

Of money's three functions, the one that distinguishes money from other assets is:

Business
1 answer:
NNADVOKAT [17]3 years ago
5 0

Answer:

Medium of Exchange

Explanation:

The main function that distinguishes money from other assets is that everybody accept the money as a medium of exchange, either for our job or to buy things that we are interested.

Always through history the main function of money was to be a medium of exchange because at the begining money didn't exist so you needed to use different things, first salt, then precious metal and today money as we know.

You might be interested in
A financial advisor has heard from a relative of nr industries inc.'s ceo that the company is planning to shut down its operatio
kolezko [41]

This would be a case of insider trading, meaning that the trader (the financial advisor) has information that is not public that will affect the future performance of the company. If the advisor acts on this early information and profits, then this could be considered illegal.

3 0
3 years ago
Which of the following statements is FALSE? There is no need to evaluate mutual fund investments because investment companies hi
ivann1987 [24]

Answer: Statement that “There is no need to evaluate mutual fund investments because investment companies hire the best professional managers they can to manage their funds “ is FALSE

 A mutual fund is a pool of stocks, bonds or other funds where an investor purchase his shares. He gets one to meet his investment goals so evaluating a mutual fund's performance is needed and must involve thorough research to lessen risk.  

 Professional fund managers do make mistakes, so it is a must that investors continually evaluate their mutual fund investments. 

8 0
3 years ago
Read 2 more answers
Suppose ABC Dairy is one firm competing in the perfectly competitive market for milk. Now suppose ABC Dairy decides to produce o
Sedbober [7]

Answer:

The correct option is D.

Explanation:

In a perfectly competitive market, there are many sellers selling the same product and in this market, firms have easy entry and exit, products are identical in nature from one seller to another and also the sellers are price taker.

So, in this case, ABC firm compete in this market for milk but later on they changed their production to produce organic milk and this change would be described by the effect that ABC firm is differentiating its product from market and they will have a chance to charge high price than earlier.

Therefore, the correct option is D.

8 0
3 years ago
Which of the following dose not apply to field
Natasha2012 [34]

Answer:

there are no options there ....

hope you may add the options

7 0
2 years ago
Read 2 more answers
By their third birthday, what percentage of toddlers in the united states are toilet trained
AfilCa [17]
My best estimate is 23% or lower.
4 0
3 years ago
Other questions:
  • Can someone please help me
    8·1 answer
  • The balance sheet reports revenues and selling costs for a period of time.
    5·1 answer
  • Mark owns a 24-hour convenience store. Lately he has noticed that the liquor inventory purchases have gone up by huge amounts, a
    12·1 answer
  • Becky had net credit sales in 2020 of $2,000,000. At December 31, 2020, before adjusting entries, the balances in selected accou
    5·1 answer
  • Say I have a wallet that contained either a $2 bill or a $20 bill (with equal likelihood), but I don’t know which one. I add a $
    13·1 answer
  • The expected return on the market portfolio is 13%. The risk-free rate is 6%. The expected return on SDA Corp. common stock is 1
    8·1 answer
  • Using this table, calculate the profit at each level of running shoe inserts production.
    10·2 answers
  • Suppose a 10-year, $1000 bond with an 8% coupon rate and semiannual coupons is trading for $1034.74. What is the bond’s yield to
    9·1 answer
  • Which organization developed a labeling system for hazardous chemicals that is frequently used in health care facilities?
    15·1 answer
  • Noncash investing and financing activities may be disclosed in: Multiple Choice A note in the financial statements or a schedule
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!