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I am Lyosha [343]
3 years ago
9

What is the purpose of money? (1 point) it makes trading goods and services more efficient. it gives the government a way to tra

ck our habits. it gives society a national symbol of pride. it keeps our nation from experiencing a depression. open study?
Business
2 answers:
Natali5045456 [20]3 years ago
4 0

it makes trading goods and services more effective i just took the test and got it right

masya89 [10]3 years ago
3 0

Answer:

The correct answer is letter "A": it makes trading goods and services more efficient.

Explanation:

Money is the unit of exchange used and recognized for transactions within a certain economy. Before money bartering was the means of exchange for trading purposes. Though, it was hard to determine the value of the items that were going to be traded. Money gives prices a standard according to the value the object represents in the market making trading of those goods or services being more efficient.

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In an open economy, gross domestic product equals $1,970 billion, government expenditure equals $300 billion, investment equals
LenKa [72]
Answer: D

If you add 300 + 500 + 280 and then subtract the answer from 1,970 you will get your answer.
7 0
3 years ago
A Goldsmith could hold some gold in reserve for depositors’ withdrawals, but ________________ excess gold and thereby make a pro
den301095 [7]

Answer: Loan out

Explanation:

Goldsmith is one of the many traditional form of medium of exchange used in the past. Whereby you placed your gold to a goldsmith and in return receive a receipt to use that as a medium of cash exchange.

If goldsmith could loan out excess gold they can make a profit from depositors fund. Because that excess gold gives them an opportunity to loan it out.

7 0
3 years ago
TRN sold $40,000, of goods and accepted the customer's $40,000 10%, 1-year note payable in exchange. Assuming 10% approximates t
drek231 [11]

Answer:

b. $2,000

Explanation:

The computation of the interest amount is shown below:

= Sale value of goods × rate of interest × (number of months ÷ total number of months in a year)

= $40,000 × 10% × (6 months ÷ 12 months)

= $2,000

The 6 months is calculated from June 30 to December 31.

So, the b option is correct and rest options are wrong.

6 0
3 years ago
Arianne has a passion for designing clothes and decides to open her own clothing store. she starts it by taking personal loans f
noname [10]
Arianne's store is an example of a SOLE PROPRIETORSHIP.

A sole proprietorship is the simplest business form among all businesses. It doesn't have a legal entity because its debts will be personally covered by its owner. All its profit and loss will be enjoys and paid for by Arianne and the coverage of its debts is unlimited. 
3 0
3 years ago
Read 2 more answers
Is it bad to have the hair painted on the id? ​
Snowcat [4.5K]

Answer:

no it is not bad to have hair painted on the id

3 0
3 years ago
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