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user100 [1]
4 years ago
12

n 2010, Tara used $50,000 from funds she had invested in certificates of deposit as a down payment to buy a house. What function

did this portion of her investments serve when she made the down payment?
Business
1 answer:
yuradex [85]4 years ago
3 0

Answer:

Medium of Exchange

Explanation:

A certificate of deposit represents a legal document issued by a commercial or economic institution such as a bank as evidence of a sum of money deposited by the individual for a particular period and with a specified rate of interest.

A Medium of Exchange, on the other hand, represents an intermediary system or instrument that can be used to make sales, purchases and facilitate the trade of goods or services between various parties. To qualify as a medium of exchange, the instrument should have a standard face value and must be acceptable to all parties.

Since Tara was able to put down $50,000 as represented on the Certificates of deposit, it becomes a medium of exchange, because it has a standard face value (as determined by the bank) and it is acceptable both by Tara and the estate from which Tara is purchasing the house.

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Alborosie

Answer:

Industrial-organizational psychologist

Explanation:

According to my research on the different types of psychologists, I can say that based on the information provided within the question Anna is most likely  an Industrial-organizational psychologist. This type of psychologist study workplace productivity and management in order to solve problems in the workplace and improve the quality of life. Which is what Anna is doing in this situation.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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3 years ago
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6 0
3 years ago
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When the "invisible hand" guides economic activity, prices of products reflect______________.
FinnZ [79.3K]

Answer:

b) both the values that society places on those products and the costs to society of producing those products 

Explanation:

When the "invisible hand" guides economic activity, prices are known as equilibrium prices.

Equilibrium price is found where the demand curve intersects with the supply curve .

Equilibrium price is the price where both the value that society places on those products and the costs to society of producing those products are equal.

I hope my answer helps you

7 0
3 years ago
Should the United States pass a balanced budget amendment? Explain your answer.
ZanzabumX [31]

Answer:

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2 years ago
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Simora [160]

Answer:

. quantity supplied does not equal quantity demanded.

Explanation:

Disequilibrium is a situation where the market price is below or above the intersection point of the demand and supply curve. As a result, the market experiences a shortage or surplus of a product. Therefore, at disequilibrium, the quantity supplied does not match the quantity demanded.

Disequilibrium is the contrast of equilibrium. At equilibrium, supply matches demand, meaning there is no surplus or shortages in the market.  If the quantity supplied exceeds quantity demanded, then the market experiences a surplus. Shortage arises if the quantity demanded is more than the quantity supplied.

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