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3 years ago

What is money? Which of the following are functions of money? Correct Answer(s)

Business

1 answer:

kari74 [83]3 years ago

6 0

Answer: OPTION A , B , D

Explanation: In simple words, money can be defined as any thing through the exchange of which an individual can purchase any commodity he desires and for the exchange of which he can sell any commodity he wants. Cash, coins , bank check and credit cards are modern forms of money.

A. Money serves as a standard unit for all goods hence option A is correct.

B. Money can be exchanged for every commodity available hence option B is correct.

D. Money is non depreciable asset hence it can be stored for future use leading to increase in wealth. Hence option D is correct.

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To ensure that as many individuals as possible use helmets, the government recently decided to subsidize the production of helme

svet-max [94.6K]

Answer: B & E

Explanation:

If a subsidy is provided for the production of helmets, the demand curve is unaffected, but the supply curve shifts to the right. A production subsidy encourages production because it reduces costs for the producer. However, it will not affect market demand.

7 0

2 years ago

Yield to maturity (YTM) is the rate of return expected from a bond held until its maturity date. However, the YTM equals the exp

Nonamiya [84]

Answer:

The bond will not be called.

Explanation:

The yield to maturity (YTM of, is the internal rate of return (overall interest rate) earned by an investor who buys the bond today at the market price, assuming that the bond is held until maturity, and that the principal payments are made on schedule, it is equal to the current price of the bond.

YTM equals the expected rate of return under certain assumptions like the bond will not be called.

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3 years ago

The continuous falling price level is called inflation.<br> True or false?

Anton [14]

Answer:

True

Explanation:

When it start failling it is still true.

6 0

3 years ago

Oberon buys a Pro Club Health & Fitness, Inc., franchise, which the franchisor later terminates. In determining whether the

Lynna [10]

Answer:

balance the rights of both parties

Explanation:

Based on the information provided within the question it can be said that in a situation like the one being described a court will generally balance the rights of both parties. This is done in order to make sure that both parties are being treated fairly and investigate both sides of the case before making a decision in regards to who is in the right and who is in the wrong.

6 0

3 years ago

In 2020, the Merkel Company had revenues of $2,600,000 and costs of $2,100,000. During 2021, Merkel will be introducing a new pr

Artemon [7]

Answer:

d. $88,000

Explanation:

In 2020, Merkel company's

Revenue = $2,600,000

Cost = $2,100,000

Operating profits = Revenue - Cost

= $2,600,000 - $2,100,000

= $500,000

In 2021, the company's;

Revenue increases by $260,000

New revenue = $260,000 + $2,600,000 = $2,860,000

New Cost = $2,100,000 + $172,000 = $2,272,000

New Operating profits = $2,860,000 - $2,272,000

= $588,000

Expected increase in Operating profits = $588,000 - $500,000

= $88,000

The expected increase in operating profit amounts to $88,000.

4 0

2 years ago