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Fiesta28 [93]
3 years ago
13

Why might an individual find a $20 Federal Reserve Note to be more desirable as a form of money than a $20 gold coin? Which woul

d the government find more desirable to produce? Briefly explain.
Business
1 answer:
gladu [14]3 years ago
5 0

Answer:

It will prefer the first as It fullfil all the money requirement as it is:

socially acceptable.

method of saving

used to set prices to other goods.

The government will prefer to do the federeal reserve note as their cost is lower (just hte papper and ink) while the gold required extraction, purification adn melting into coins.

one of the goal of a financial system is to decrease the cost of operation and moving to papper from scarce metal reduced the cost and effort to be able to purchase.

Explanation:

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8 0
2 years ago
What is the price at which equilibrium is achieved?
nasty-shy [4]
The price at which equilibrium is reached is known as the equilibrium price. In economics, the equilibrium price is reached when the quantity of a certain product will match the demand of a certain product with regard to price per product. In order to solve for this, you have to compute for quantity demand and quantity supply. After that, you have to graph the line of these two equations and find where these two lines would intersect to find the equilibrium price. 
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3 years ago
Read 2 more answers
Shawn exchanges a factory building for an apartment building in a qualifying like-kind exchange. The factory has a basis of $350
Setler [38]

Answer:

a.$30,000

b.The alternative i could suggest to Shawn is that he may sell the factory building instead of him to purchase the apartment building in order for him to recognize the loss which will inturn lower his taxes.

Explanation:

a. Calculation of what is Shawn’s realized gain or loss and the basis of the apartment building

Since Shawn tend to received the apartment building which has a Fair Market Value of $320,000 in exchange of his $350,000 worth of factory , this means he had a lost of $30,000 which is calculated as ($320,000-$350,000) which can therefore be deferred

b. The alternative i could suggest to Shawn is that he may sell the factory building instead of him to purchase the apartment building in order for him to recognize the loss which will inturn lower his taxes.

6 0
3 years ago
What is one of the advantages of buying an existing business?
leonid [27]
You don't have to pay for construction and people are already aware of the business's existence.
4 0
3 years ago
An automobile dealer sells service contracts. The contracts stipulate that the dealer will perform specific repairs on covered v
stiv31 [10]

Answer:

a. yes no

Explanation:

At the time of contract the service revenue is not been realized because service is been perform and dealer made a promise to perform services in future. So the revenue will be deferred and will be earned or realized when service will be performed in the future. Deferred revenue will be effected and service revenue will not be effected at the time of contract.

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