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dimulka [17.4K]
3 years ago
10

After World War II, cigarettes were used as money in Germany. This is an example of:________.

Business
1 answer:
Paladinen [302]3 years ago
7 0

Answer: Commodity Money

Explanation:

Commodity money is used to describe goods that have an intrinsic value that enable them to be used as a medium of exchange for goods and services. For a good to be used as commodity money, it should be rare and easily exchangeable.

Examples of goods that have been and can be used as commodity money include gold, silver, alcohol and cigarettes with cigarettes being especially popular in prison.

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Match the definition with the correct type of unemployment. Not all items will be used.
ch4aika [34]

Answer:

For (1) the answer is (C)

For (2) the answer is (B)

For (3) the answer is (D)

5 0
3 years ago
When managers delegate work, three transfers occur. the three transfers are responsibility, authority, and _____?
charle [14.2K]

When managers delegate work, three transfers occur. the three transfers are responsibility, authority, and accountability

3 0
3 years ago
Some individuals want work that makes minimal intellectual demands and provides the security of routine; for them, ________ is a
Ratling [72]

Answer: high work specialization

Explanation:

Job specialization is when workers have education, knowledge, and experience with regards to a particular area of expertise. It brings about efficiency at the workplace.

Some individuals want work that makes minimal intellectual demands and provides the security of routine; for them, high work specialization is a source of job satisfaction.

4 0
3 years ago
Identify whether or not each of the following scenarios describes a competitive market, along with the correct explanation of wh
Marysya12 [62]
<span>1) - we see here that each college is different, so the answer is that they are not competitive because they are not not homogenous - since they can for example not all offer the same courses 2) This is a monopoly - they have the exclusive right to provide some service! it's not a competetive market (other companies don't have free entry). 3) Here there are not too many sellers - it's just a few companies, so people alsco can't choose from too many options. 4) this is a true competitive market - it has a free entry, many sellers and the product is homogenous!</span>
3 0
3 years ago
You need a 35-year, fixed-rate mortgage to buy a new home for $340,000. Your mortgage bank will lend you the money at an APR of
cluponka [151]

Answer:

$338,712

Explanation:

we must first calculate the monthly payment using the present value of an annuity formula:

present value = monthly payment x annuity factor

present value = $340,000

PV annuity factor, 0.529167%, 420 periods = 168.38268

monthly payment = $340,000 / 168.38268 = $2,019.21

Since the monthly payment was actually higher than $1,800, the balloon payment will be almost $340,000

I prepared an amortization schedule using an excel spreadsheet. During the first years, the principal is only decreasing by $1 each month

Download pdf
4 0
3 years ago
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