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3 years ago

When sellers are willing to accept money in exchange for goods and services, money is acting as a?

1 answer:

4 0

Money is functioning as a medium of exchange. Money makes transactions easier, instead of having to barter for items, you can complete transactions through the usage of money.
Money serves three primary functions unit of account, store of value and most important medium of exchange.

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If a c corporation is formed on January 1, 2013 what date can it be incorporated?

zhenek [66]

Answer:

The C Corporation was incorporated on January 1 of 2013.

Explanation:

A corporation is a legal entity that constitutes a body to the eyes of the law. it is formed to run a particular business and has as main characteristic the Limited Liability of their owners.

Incorporation is the legal process needed to be followed in order to create a corporation. Thus. If C corporation was formed on January 1, 2013. The Incorporation day is the same January 1, 2013.

8 0

3 years ago

If the production of a product or service involves external benefits, then the government can improve efficiency in the market b

gavmur [86]

Answer:

Providing a subsidy to correct for an underallocation of resources.

Explanation:

In Economics, subsidy can be defined as the amount of money or benefits such as tax reduction given by the government to sellers in order to sustain production and enable the buy to continuously purchase the product.

If the production of a product or service involves external benefits, then the government can improve efficiency in the market by providing a subsidy to correct for an underallocation of resources such as capital, land and labor used for production of these products.

4 0

3 years ago

Your grandmother tells you a dollar doesn't go as far as it used to. She says the " purchasing power" of a dollar is much less t

Harrizon [31]

Answer:

See below

Explanation:

My grandmother is referring to the effect of inflation on the currency. Economist defines inflation as the general but gradual increase of prices in the economy over time. As a country experiences economic growth, prices of goods and services tend to increase. The government monitors the increase in prices using tools like the consumer price index (CPI). The resultant figure from the CPI is the inflation rate.

The government desires to keep the inflation rate at a predetermined optimal level. Should the economy grow at a fast pace, the inflation rate will probably rise. The government will respond with measures to control the growth and maintain stable prices.

An increase in prices means that the dollar will buy fewer goods and services than it could previously. A high inflation rate means prices are increasing at a fast pace. The dollar will buy fewer goods, which translates to dollar weakening.

Deflation is the opposite of inflation. It means a general decrease in price in the economy. During deflation times, the dollar gains strengths. It buys more goods and services than in the previous season.

4 0

3 years ago

Exchange rate shifts that cause the Sing$ to be weaker versus than the Brazilian real:

Luden [163]

Answer:

make the export of footwear from Asia-Pacific plants to Latin America less competitive and give rise to negative/favorable exchange rate cost adjustments.

Explanation:

Exchange rate is defined as the rate at which one currency can be exchanged with another. It determines balance of trade, that is the amount of one countrie's goods that can be exchanged for another one's.

When exchange rate causes Sing$ to be weaker versus than the Brazilian real, it results in more of the Sing$ used to purchase one Brazilian Real.

Export of footwear from Asia-Pacific plants to Latin America will be more expensive, so it will be less competitive.

8 0

3 years ago

Are you dreaming of buying your own car, visiting a new city or learning a language— but aren’t sure how to get there? The key t

Alekssandra [29.7K]

Answer:

The steps to reaching your goals are:

Step 1: What is your goal?

Step 2: What is your why?

Step 3: What will it cost you?

Step 4: What is your action plan?

Step 5: How will you stick to the plan?

Explanation:

Step 1: What is your goal?

You have to be clear on what you want. Take for instance, you dream of buying your own car, write it down.

Step 2: What is your why?

State reasons why you need a car of your own. Is it for business runs or to aid your movement? you have to specify all the reasons.

Step 3: What will it cost you?

Do a market survey for best prices and car options.

Step 4: What is your action plan?

Can you afford it immediately or would you prefer to save up, pay in installments, etc

Step 5: How will you stick to the plan?

Give yourself targets according to your action plan and put yourself in check to ensure that you stick to the plan.

5 0

3 years ago

When sellers are willing to accept money in exchange for goods and​ services, money is acting as a?

When sellers are willing to accept money in exchange for goods and services, money is acting as a?