Fiat money is paper money that has been made legal by a government decree. This is government-issued money but there is no silver or gold value backing it up. Commodity money is money that comes from the commidity in which the money is made. The objects have value within themselves and can changed based on the value of the object.
Answer:
Monetary Policy
Explanation:
The Fed is the shortened term for the Federal Reserve or the United State's Central Bank and Tools of Monetary Policy are communications, actions and tools employed by the Fed to regulate the activities of the economy by regulating the activities of the its member financial institutions.
Specifically, the Federal Reserve has three economic goals as directed by the Congress and they include, moderate long-term interest rates, stable prices and maximum employment. By controling interest rates, making direct lending or buying the treasury bill sof financial institutions among others, the Fed carries out these three economic goals.
If I am planning a local art festival, and the money available for the promotion of the event is low, what I will do is that I will create awareness about the program on the internet using social media. Social media will allow me to advertise the event at no cost at all and will allow the advertisement to reach a good number of people who live at the region where the event will take place.
Answer:
B
Explanation:
Insurance verification cannot be performed until the patient arrives for services
Answer:
It need sales figure of 22,125 units per year to break even considering their currnent contribution marign and fixed cost.
Explanation:
fixed cost per year:
equipment lease cost: 288,000
other overhead cost <u> 48,300 </u>
total fixed cost 336,300
contribution per unit:
sales revenue - variable cost
39.75 - 14.55 = 15.20
each units generates $15.20 dollar we need to save up for 336,300 dollars
break even point:
336,300 / 15.20 = 22,125 units
