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nexus9112 [7]
3 years ago
14

When the receipts given by goldsmiths to depositors were used to make purchases, _________

Business
1 answer:
Sholpan [36]3 years ago
3 0

Answer:

The correct answer is option d.

Explanation:

Money can be defined as something which is accepted as a medium of exchange in the economic transactions involving the exchange of goods and services.

When the receipts given by the Goldsmiths were used to make purchases, they served the medium of exchange function of money.

So these receipts in effect became paper money.

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A. Businesses are able to sell products to customers around the world.

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Why do people need to buy and sell products or services answers?
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The cooperative organization of work into specialized tasks and roles is the?
hoa [83]

The cooperative organization of work into specialized tasks and roles is the Division of labor.

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7 0
1 year ago
For what eccentricity is the secondary focus (which is usually empty) located at the sun? What is the shape of this orbit?
saul85 [17]

Answer:

The eccentricity, denoted by e, is defined as that fraction of an ellipse size which causes the focus to move away from the center. When an ellipse has an eccentricity of zero, this means that the focus and the center are in one same place. Thus the eccentricity of the secondary focus located at the sun is zero when located at the sun. Thus with an eccentricity of zero, the focus and center will be at same place therefore making the shape of the orbit to be a perfect circle.

Explanation:

5 0
3 years ago
Alto Company issued 7% preferred stock with a $100 par value. This means that:
RideAnS [48]

Answer:

Option "C" is the correct answer to the following question.

Explanation:

Given:

Issue price of share = $100

Market price per share = $100

Preferred stock dividend rate = 7%

Computation of dividend per year :

Dividend per year = Issue price of share × Preferred stock dividend rate

Dividend per year = $100 × 7%

Dividend per year = $7

Dividends are always paid to preferred stock at fixed rates at face value.

7 0
3 years ago
Read 2 more answers
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