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Vaselesa [24]
3 years ago
10

Money serves as a store of value when it a. rapidly gains and loses value over time. b. can be used to purchase approximately th

e same amount of goods over time. c. loses a constant amount of value over time. d. is accepted by all merchants.
Business
1 answer:
konstantin123 [22]3 years ago
3 0

Answer: b. can be used to purchase approximately the same amount of goods over time.

Explanation:

There are several functions of money including that it is a store of value. This means that it can be used to exchange for goods that have the same value over a period of time. For instance, $5 for a $5 plate of food.

It also means that it can be saved such that the value that it has will allow for people to be able to exchange for goods in future. This can only happen if it keeps its value over the same period of time.

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Shkiper50 [21]

Answer:

B

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

A company has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries

Allocative efficiency occurs in efficient markets when goods, services or capital are distributed in a way that is efficient to all the parties involved.

When countries trade in the goods for which they have a comparative advantage in its production, all the parties in the trade gains

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3 years ago
Foster, Inc., purchased a truck by paying $5,000 and borrowing the remaining $30,000 required to complete the transaction. Ident
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Answer: c. Foster Inc.'s assets will decrease by a net amount of $30,000.

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Explanation:

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Since the company borrowed $30,000, this will lead to an increase in the liability of the company by $30,000. Also, it will lead to a reduction in the net assets of the company by a net amount of $30,000

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