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
Zanzabum
3 years ago
10

Explain the basic functions and

Business
1 answer:
eduard3 years ago
5 0
Money has taken many forms through the ages: shells, wheels, beads and even cows. All forms, though, have always had three things in common. Find out what in this eight-minute episode of our Economic Lowdown Podcast Series. You will also learn how commodity money differs from representative money and how both differ from today's fiat money.
You might be interested in
In a market system, which component conveys information about what is relatively scarce and what is relatively abundant?
denis23 [38]

<span>The answer is price. The price of a good conveys about its relative scarcity or abundancy. If the price is high, the good is scare meaning you can gain money by selling extra of it, and you can save money by buying a lesser amount of it. If you act according to your self-interest, selling more and buying less of that costly good, the scarcity of that good will be toned-down. If the price of a good is low, you can exhilarated to do the contrary, thus removing any excess of the good in the market. </span>

8 0
4 years ago
Private business dealings based on supply and demand define __________.
Blababa [14]
So here the interplay of supply and demand influences the dealings of the private business - which means that it's not centrally decided but rather  market analysis is done to determine what is needed.

The best answer is: market forces!

If the head of the business was not looking to the market, but rather making central decisions, we could call it "central planning "
5 0
3 years ago
Read 2 more answers
Which kind of a person will you be if you prove to be accountable for your actions ?
Inga [223]
I don’t know if your supposed to use vocab or something but it would make you a responsible person in my opinion. Hope this helps:)
7 0
3 years ago
12. When it comes to managing money, success
Deffense [45]

<u>Answer:</u> Option D

<u>Explanation:</u>

The personal finance success of the person depends on the money managing behavior rather than the knowledge. If more money is spent then the individual looses the opportunity to make investments and save for the future.

Increased spending without saving also has the risk of increased debts and increases the stress. The savings is low for many people and for the purpose of spending money they borrow money. A person who has more debts it keeps him from building assets and investments.

5 0
4 years ago
Retail sales, a very important economic indicator, represents buying by which economic
DIA [1.3K]
A AND B ok? Got it? Comment if you need anything
7 0
3 years ago
Other questions:
  • Some of the money that people deposit into a bank eventually becomes an injection into the economy when the bank:
    11·2 answers
  • When business analytics is used to understand past and current performance, it is called _____?
    7·1 answer
  • Horizontal analysis: Multiple Choice Evaluates financial data across industries. Is a method used to evaluate changes in financi
    5·1 answer
  • The liabilities and​ owners' equity for Campbell Industries is found​ here: LOADING.... a. What percentage of the​ firm's assets
    5·1 answer
  • Which of the following is a duty of a personal finance manager?
    15·1 answer
  • Suppose a firm that produces for this market is able to dump toxic chemicals into a river next to its factory, which poisons wil
    9·1 answer
  • Geraldo is talking about his new job with his brother. He says he likes this job better than his previous jobs because now he fe
    11·2 answers
  • Karl and Kara own a business that specializes in providing outdoor adventure experiences for tourists. They employ a staff of ei
    7·1 answer
  • A local county commissioner is under fire for utilizing an out-of-county florist owned by her daughter to purchase flower arrang
    6·1 answer
  • Why is rationing sometimes good
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!