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hichkok12 [17]
2 years ago
13

When you stuff dollar bills under your mattress, knowing that they will be there next year to help buy your next major purchase,

money is serving which function:
Store of real assets

Medium of exchange

Store of wealth

Unit of account
Business
1 answer:
olasank [31]2 years ago
3 0

Answer:

Store of wealth

Explanation:

Store of wealth means that money retains it value and purchasing power over time. Thus, it can be stored or kept away and used sometime in the future without money losing its value.

Other functions of money are :

1. Medium of exchange: money can be used to exchange for goods and services in transactions.

2. Unit of account: money can be used to determine the value of goods and services being exchanged.

I hope my answer helps you

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In an analysis of the market for paint, an economist discovers the facts listed below. State whether each of these changes will
aliya0001 [1]

Answer:

a. Supply increases, Supply curve shifts to the right

b.  Demand decreases, Demand curve shifts to the left

c. Demand increases, Demand curve shifts to the right

d.  Supply decreases, Supply curve shifts to the left

Explanation:

a. There have recently been some important cost-saving inventions in the technology for making paint- Supply will increase due to lower cost in production. Shifting the supply curve to the right. Price of paint will fall and quantity will increase.

b. Paint is lasting longer, so that property owners need not repaint as often- Demand for paint will fall due to its long lasting. This shifts the demand curve to the left decreasing the price and quantity of paints.

c. Because of severe hail storms, many people need to repaint now- Demand for paint will increase shifting the demand curve to the right increasing the price and quantity of paints.

d. The hail storms damaged several factories that make paint, forcing them to close down for several months- Supply of paint will decrease as factories close down. This will shift the supply curve to the left increasing the price of pain and decreasing the quantity of paint.


8 0
2 years ago
Sandy borrows Mike’s car for weekend. The car gets a flat tire, so Sandy purchases a new one. Mike now owns the new tire. This m
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Answer:

D. Accession

Explanation:

Mike gained the property through acession because Sandy's tire was attached to his car so he gained the tire.

7 0
3 years ago
__________ and ________ are stimulus preference assessment methods, while ________ and __________ are reinforcer assessment meth
jekas [21]

Answer:

The correct answer is A. Free-operant, trial-based; concurrent schedules, multiple schedules

The correct full sentence is:

Free operant and trial-based are stimulus preference assessment methods, while concurrent schedules and multiple schedules are reinforcer assessment methods.

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2 years ago
Describe the purpose of the SEC.
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the role of the SEC is to Protect investors. Maintain fair, orderly, and efficient markets.

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Product life cycle is important for a business to focus on the introduction stage then the growth stage because the products to gain distribution as the product is initially new in the market. The quality of product is not assured and the price of the product will also determine as low or high.

Explanation:

  • The cost is going to be on a higher side.
  • The sales will be slow since there is no awareness of the product.
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  • You make very little money of the product sold.
  • Customer are to prompted to take initiate into the product.
  • Demand has to be created.
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