Answer:
The correct answer is: cigarettes; fiat.
Explanation:
Money performs a number of functions such as medium of exchange, store of value etc. Before the introduction of money, goods and services were used as a medium of exchange. This system was called barter system.
The difference between cigarettes and dollars is that cigarettes have an intrinsic value. Dollars do not have any intrinsic value, but it has high face value.
Fiat money is the physical money in notes and coins which are not backed by any other commodity. These are made legal tender by the government and have no intrinsic value of their own.
Answer:
Legal fee paid = Asset
Driveway = Asset
Meat-grinding machine = Asset
Prepaid rent = Asset
Wages for construction of buliding = Asset
Wages for delivery truck = Expense
Churches .it's a religious institution
Answer:
ummm hola! ¿Cómo va tu día y cómo estuvo tu descanso?
Explanation:
brainliest?
Answer:
B. is a particular set of institutional arrangements and a coordinating mechanism used to respond to the economizing problem.
Explanation:
Economic system -
It is the system that is responsible for the resource allocation , production and the distribution of the services and goods , is known as an Economic system .
Economic system includes - the institutions of decision-making , agencies .
It works to deal with the problem related to the economy of a country or society .
Hence , the correct option is ( b ) .
