All categories

3 years ago

Currency should have all the following characteristics EXCEPT:

1 answer:

kramer3 years ago

7 0

C. It should be scare.

This is not a characteristic of the currency, because it is a nominal product of the economy behavior. Therefore, is there are plenty of goods and services in an economy, the currency must follow that.

You might be interested in

From an Associated Press article on Venezuela dated January 22, 2008: "... troops are cracking down on the smuggling of food ...

Sunny_sXe [5.5K]

Answer:

C. Letter C; demand exceeds supply, resulting in a shortage

Explanation:

I had put my answer as A on the test and got it wrong. But this is the correct answer C.

5 0

3 years ago

Matt and Meg Comer are married and file a joint tax return. They do not have any children. Matt works as a history professor at

sergeinik [125]

Answer:

Comer's tax liability for 2018 = $33300

Explanation:

Before determining Comer's tax liability for 2018, we need to understand what gross income is and what forms part of gross income. Gross income is total amount of income from various sources minus/plus and additions and deductions. Income from salary is earned in the ordinary course of work/business which is definitely part of gross income. Capital gain is refers to gain/profit/income from sale of capital assets such as property, shares, stocks, piece of land. Any gains and losses form part of gross income and capital losses are reported as deductions meant to reduce investors tax liability just as capital gains should be taxed.

Lets first calculate gross income and then apply tax rate to determine tax liability.

Gross income = salary + Short-term & long-term capital gains - short-term & long-term capital losses

GI = $64000 + $31000 + $9000+$15000 -$2000 -$6000

GI = $111000

Assuming the tax rate is 30%, the tax liability for the year is as follows:

Tax liability = $111000×30%

Tax liability = $33300

7 0

3 years ago

How does Formal Training apply to Continuing Education?

ANEK [815]

Answer:

how many push ups + how many sit ups = all together

20+80= 100

3 0

3 years ago

Read 2 more answers

The Florida Investment Fund buys 70 bonds of the Gator Corporation through a broker. The bonds pay 8 percent annual interest. Th

jasenka [17]

Answer:

The question requirement is found below:

a.Compute the price of a bond. (Do not round intermediate calculations and round your answer to 2 decimal places.)

b.Compute the total value of the 70 bonds. (Do not round intermediate calculations and round your answer to 2 decimal places.)

a. price of a bond is $829.73

b value of 70 bonds is $58,081.10

Explanation:

The price of the bond can be computed using the pv formula in excel as found below:

=-pv(rate,nper,pmt,fv)

rate is the yield to maturity on the bond which is 10% annually

nper is the number of annual coupon that the bond would pay before redemption,hence a 20 year bond would pay coupon interest 20 times before it is redeemed

pmt is the annual coupon,which is 8%*$1000=$80

fv is the face value of $1,000

=-pv(10%,20,80,1000)=$ 829.73

each bond is worth $829.73

70 bonds=70*$829.73 = $58,081.10

3 0

3 years ago

When Christopher dies, he wants to leave one half of his adjusted gross estate to his spouse and the other half of the estate to

USPshnik [31]

Answer:

I believe it is marital will

5 0

2 years ago