Money is a unit of account, it's a store of value, and a medium of exchange
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Answer:high unemployment and high deflation.
Explanation: The Great depression was a result of stock crash in 1929 which created a terrible and devastating economical situation in the U.S. economy. Almost 50% banks were failing. There was a high and devastating rate of unemployment which increased up to 25% in the U.S and in other states it went to a 35%rise. Many people were homeless and housing prices plummeted or plunged such that they were 30%lpwer than their original economical prices. International trade went down by 65% and prices fell by 10% per each year ;hence we can see that the state was facing acute deflation and highest level of unemployment.
Answer:
b. Fair Pricing
Explanation:
Fair Pricing is the degree to which both businesses and customers believe that the pricing is reasonable. It is necessarily not the lowest price but both seller and buyers are very much satisfied with it because buyers are willing to pay that price and it is quite affordable and at the same time, firms are also very much contended with this price because they can make good reasonable profits at this price as well, therefore, it is a win-win station for both customers and organizations.
Answer: C. is an inside director of Lopez Electronics.
Explanation: It was stated that Bernard is a board member at Lopez Electronics and most board members of a company are either executive directors or non executive directors. Based on that fact Bernard should be an inside director at Lopez Electronics.
It was also stated that Bernard is a senior executive in the company, this also point to the fact that he is an inside director.