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
natta225 [31]
3 years ago
14

How do we know our current money has value?

Business
2 answers:
masha68 [24]3 years ago
6 0

Answer:

C. People accept it in exchange for goods or services.

Explanation:

Money is a type of thing that is valuable because we know people accept it. Money can be used to purchase goods, and many other things. According to Subjecto.com, "   Money can be used to purchase goods and services even though it is no longer backed by gold. Security measures prevent counterfeiting but do not add value." Seeing this, the only answer reasonable is C.

Hope this Helps!!

BaLLatris [955]3 years ago
6 0
C. People accept it.......
You might be interested in
Which statement best summarizes the law of demand ?
miskamm [114]

Answer:it’s D

Explanation: Just answered it

5 0
3 years ago
In accounting, emphasis is placed on determining net income in accordance with generally accepted accounting principles. In fina
aksik [14]

Answer: false

                 

Explanation: The first statement in the given case is correct as accounting is based on determining net income. Whereas, the subject matter of finance is related to increase the value of the company and the value of its shareholders wealth.

Finance does not only focus on net income but it also focuses on other aspects like liquidity, future potential etc.

Hence the given statement is false.

7 0
3 years ago
StayWell Health Insurance is offering a plan with a monthly premium of $250, a
VARVARA [1.3K]

The most Sheldon should pay in one calendar year is $9,750

Deductible is a term used in Insurance. The amount of deducible refrain the Insurer from liability until a certain level of liability is reached.

Given that :

Premium = $250

Deductible = $3500

Maximum out-of-pocket expenses = $6000.

Then, the maximum he should pay in one calendar year is:

= $250 + $3,500 + $6,000

= $9,750

Therefore, the maximum he should pay in one calendar year is $9,750

Learn more about insurance plan here : brainly.com/question/25676329

4 0
2 years ago
When price exceeds average variable cost in the short run, a competitive firm's marginal cost curve is regarded as its supply cu
frutty [35]

Answer:D. the marginal cost curve determines the quantity of output the firm is willing to supply at any price.

Explanation: The marginal cost is the change in total cost of producing a set of product as a result of adding one more unit to the production.

For example, if a firm has to buy one more production equipment in order to increase the number of product is the cost associated with that additional equipment is a MARGINAL COST.

THE MARGINAL COST CURVE DESCRIBES THE RELATIONSHIP BETWEEN THE MARGINAL COST OF A FIRM IN THE SHORT-TERM PRODUCTION OF A GOOD OR SERVICE AND THE QUANTITY OF FINISHED GOODS PRODUCED BY A FIRM.

6 0
3 years ago
Calculate Payroll An employee earns $44 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. Assume th
Ket [755]

Answer:

The correct answer for option (a) is $3,080 and for option (b) is $2,141.

Explanation:

(a). Current pay = $44

After 40 hours, Pay = $44 × 1.5 = $66

So, we can calculate the gross pay by using following formula:

Gross pay = (40 hours × $44 ) + (20 hours × $66)

= $1,760 + $1,320

= $3,080

(b).

Security Tax = Gross pay × 6% =  $3,080 × 6% = $184.8

Medicare Tax = Gross pay × 1.5% =  $3,080 × 1.5% = $46.2

Federal Income Tax = $708

So, we can calculate the net pay by using following formula:

Net Pay = $3,080 - $184.8 - $46.2 - $708

= $2,141

3 0
3 years ago
Other questions:
  • If buyers mistakenly believe that a competitor's offering has higher level attributes or qualities than it actually does, salesp
    15·1 answer
  • What type of mining is used for both coltan and gold?
    12·1 answer
  • Suppose that the one-year interest rate is 5.0 percent in the United States; the spot exchange
    10·1 answer
  • Too much money chasing too few goods is characterized by the term ________.
    6·1 answer
  • Strawberry Fields purchased a tractor at a cost of $39,000 and sold it two years later for $25,300. Strawberry Fields recorded d
    8·2 answers
  • Remnants Perfumes is a premium, exotic women's fragrance. The manufacturers of Remnants Perfumes want to establish their product
    13·1 answer
  • Mindy's credit card has an APR of 15%, calculated on the previous monthly balance, and Mindy makes a payment of $50 every month.
    10·2 answers
  • Helpppppppp❤️❤️❤️!!!!!!
    12·1 answer
  • A product line refers to Multiple Choice a group of product or service items that are closely related in terms of needs satisfie
    10·1 answer
  • The sum of the results produced by a team
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!