if you do not pay the entire credit card bill you are charged a FLAT FEE or an INTEREST on the unpaid part?

Svetach [21]

1. An example of bartering is Sarah trades her apple for Ava's bag of chips.

2. Gold has historically functioned as money because it is a medium of exchange.

3. In the hypothetical economy, rice is said to be a commodity money.

4. When Pudding cups serve as a unit of account, it means that the price of other lunch items is expressed in quantities of pudding cups.

5. The difference between the U.S. dollar, and a U.S. gold certificate is a U.S. dollar does not have value in addition to its value as money.

Trade by barter is when people exchange goods with goods. Money is not used in a trade by barter. Trade by barter was used before the invention of money. For example, a trade by barter occurs when Sarah trades her apple for Ava's bag of chips.

Commodity money is money for which its value comes from the commodity from which it is made.

Fiat money is currency whose value is not backed up by any asset. Representative money is money whose value is backed up an asset.

Money can be described as something that is accepted as a means of payments for products.

<em><u>Functions of money </u></em>

1. Medium of exchange: money serves as a medium of exchange when it is accepted as payment for goods and services. For example, 2 ounces of gold is accepted as means of payment for a dress.

2. Unit of account: money can be used to determine the value goods and services, For example, 2 cups of puddings is equivalent to plate of fruits.

3. Store of value: money can retain its value over the long term, this it can be used as a store of value.

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5 0

2 years ago

vWhat are the most likely consumer market segments for robots? Which consumer characteristics would be important to determine th

PolarNik [594]

Answer:

1- The most relevant segments are young adults between 20-30 years old who generate their own resources because the robots would be expensive.

2- The most outstanding characteristics of consumers would be:

People who like technology.
That their income level reaches to acquire a robot.
That they are adaptable people to the changes

3- Company robots for home cleaning, complete cleaning and cooking could be created.

8 0

2 years ago

Which is a measure of quality control equal to one fault in one million opportunities problems?

snow_tiger [21]

The six 9s of the quality rule are a measure of quality control that is equivalent to one error in a million potential for problems.

<h3 /><h3>What does "quality control" mean?</h3>

A technique or collection of procedures known as quality control (QC) is designed to make sure that a service or product is made in accordance with a specified set of quality criteria or that it satisfies the needs of the client or customer.
There are various approaches to quality control. These include the Taguchi Method, Six Sigma, an x-bar chart, and 100% inspection mode.
Setting standards and conducting tests to ensure that anything, such as a product or service, is completed correctly is known as quality control.

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5 0

1 year ago

Smiley Industrial Goods has $1,000 face value bonds on the market with semiannual interest payments, 13.5 years to maturity, and

Snezhnost [94]

Answer:

Annual Coupon rate = 66.56990711 / 1000 = 0.06656990711 or 6.656990711% rounded off to 6.66%

Option B is the correct answer

Explanation:

To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,

Coupon Payment (C) = C

Total periods (n) = 13.5 * 2 = 27

r or YTM = 0.064 * 6/12 = 0.032 or 3.2%

The formula to calculate the price of the bonds today is attached.

We will first calculate the value of semi coupon payment made by the bond.

1023 = C * [( 1 - (1+0.032)^-27) / 0.032] + 1000 / (1+0.032)^27

1023 = C * 17.8994796 + 427.2166529

1023 - 427.2166529 = C * 17.8994796

595.7833471 / 17.8994796 = C

C = 33.28495355 rounded off to 33.28

The annual coupon payment will be = 33.28495355 * 2 = 66.56990711 rounded off to 66.57

Annual Coupon rate = 66.56990711 / 1000 = 0.06656990711 or 6.656990711% rounded off to 6.66%

4 0

2 years ago

Which were important characteristics of Sparta's government? Select the two correct answers.

hammer [34]

The answer to your question would be A and E.

3 0

2 years ago

Read 2 more answers