Answer:
Currency in circulation and in bank vaults , checkable deposits and travelers' check
Explanation:
Money is defined as a generally accepted medium of exchange and a measure of the value of good and services.
One key property of money is liquidity. That to qualify for money , an asset must be in a state that it can easily be converted to cash in a short space of time.
Money must also be durable , divisible ,portable and valuable.
.The only qualified option is Currency in circulation and in bank vaults , checkable deposits and travelers' check
Answer:
According to F.A. Hayek, the fundamental problem facing every society is how to use limited resources in the most optimal way possible.
Explanation:
To Hayek, this problem could not be fully solved by any society, but the best a society could do is to rely on the price system, only possible under a free market, to signal which uses were more optimal than others.
This is also the reason why F.A. Hayek, along with fellow Austrian economists Ludwing Von Mises, believe that socialism could not work: socialism, according to Hayek and Mises, destroyes the price system, and without it, society has no rational way to allocate resources in an optimal way.
Answer:
your scroll wheel or pg up or pg down button
Explanation:
Answer: A. In a partnership, income is taxed once at the individual level; whereas, in a corporation, income is taxed twice.
Explanation: Hi, a corporation is considered a legal entity for tax purposes, so it pays taxes based on the corporate tax rate for their income. But also the shareholders pay taxes based on the individual tax rate for the dividends payments received. There is a double taxation .
A partnership is a collection of individuals that come together, the partners are personally liable for the business’s obligations. So, each partner pays taxes based on the individual tax rate for the incomes.