1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ivolga24 [154]
3 years ago
15

Money is: the gold and silver behind the currency and the coins that are issued by the government. only the printed paper curren

cy and the coins that are produced by the government. anything that both buyers and sellers will accept in exchange for goods and services. any good that buyers and sellers have a desire to purchase, use, or hold.
Business
1 answer:
ehidna [41]3 years ago
4 0

Answer:

anything that both buyers and sellers will accept in exchange for goods and services

Explanation:

Money is anything that is accepted as payment for goods or services or as repayment of debt. According to economists, money refers to something beyond just paper bills and coins. It is a medium of exchange , unit of account  and store of value. Money can be used to transport purchasing power from one time period to another.

You might be interested in
Michael corporation manufactures railroad​ cars, which is its only product. the standards for the railroad cars are as​ follows:
adoni [48]

Answer:

$56,000 Adverse

Explanation:

direct materials quantity variance = Aq × Sp - Sq ×Sp

                                                       = (6,500×$16) - ((1,500×2)×$16)

                                                       =  $104,000 - $48,000

                                                       = $56,000 Adverse

More materials were used during the month than was expected thus adverse.

3 0
3 years ago
France, Bolivia, and Taiwan Select one: a. have a comparative advantage in some products b. have a comparative advantage in five
Kitty [74]

Answer:

a. Have a comparative advantage in some products.

Explanation:

France, Bolivia, and Taiwan have a comparative advantage in some products.

7 0
3 years ago
Proponents of the notion of a "political business cycle" suggest that: 
A. The standardized budget is a better indicator of the
andreyandreev [35.5K]

Answer:

C. A possible cause of economic fluctuations is due to the use of fiscal policy for political purposes.

<em>Explanation:</em>

<em>During political business cycles the ups and downs of the economy are best explained through analyzing public policy. In a political business cycle we should expect that there will be some manipulations when using policy to try to make the politicians appear more competent than they are. In 1972, the Nixon administration basically increased the Social Security payments made to Seniors by 20%, 1972, was of course an election year, so the Nixon administration manipulated economic fluctuations due to his fiscal policy.</em>

<em />

4 0
3 years ago
Suppose that General Motors Acceptance Corporation issued a bond with 10 years until​ maturity, a face value of $ 1 comma 000​,
astraxan [27]

Answer:

$1,073.60

Explanation:

bond's current price = PV of face value + PV of coupons

maturity = 10 years

face value = $1,000

coupon rate = 7% annual

market rate = 6%

PV of face value = $1,000 / (1 + 6%)¹⁰ =$558.39

PV of coupons = coupon x annuity factor (10 years, 6%) = $70 x 7.3601 = $515.21

market value at issue date = $558.39 + $515.21 = $1,073.60

since the bond's coupon rate was higher than the market rate, the bond was sold at a premium.

8 0
3 years ago
If julio ruiz has an income of $30,000, pays $6,000 in rent, $1,200 in utilities, and $5,000 in taxes per year, is disposable in
Taya2010 [7]
<span>Disposable income is defined as any and all income that one has less the taxes and other mandatory payments one must make. In Julio's case, this would be the $30,000 he has earned less the $5,000 he pays in taxes yearly. The rent and utilities would not be considered, leaving a disposable income value of $25,000.</span>
8 0
3 years ago
Other questions:
  • At December 31, 2018, Moonlight Bay Resorts had the following deferred income tax items: Deferred tax asset of $54 million relat
    10·1 answer
  • Under the georgia safety responsibility law, if you cannot satisfy a claim filed against you for damages resulting from a motor
    10·2 answers
  • Which of the following is TRUE regarding the persuasive business​ message? A. The persuasive business message generally relies m
    10·1 answer
  • he Alford Group had 220,000 shares of common stock outstanding at January 1, 2018. The following activities affected common shar
    6·1 answer
  • Costs that remain constant in total dollar amount as the level of activity changes are called Group of answer choices
    8·1 answer
  • The Work in Process Inventory account had a beginning balance of $16,200 on April 1. During April, the cost of direct materials
    14·1 answer
  • During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 fo
    5·1 answer
  • What is interest based upon?
    8·1 answer
  • A homesteaded property is located in Jupiter, Florida, in Palm Beach County. The property has been assessed at $185,000. The cit
    6·1 answer
  • Joseph (43) and Azalea (44) are married with no dependents. They will file separate returns for 2020. Joseph files his return fi
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!