1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kozerog [31]
3 years ago
7

1The main reason that U.S. currency cannot be turned in to the government in exchange for a tangible asset such as gold is that:

Business
1 answer:
White raven [17]3 years ago
7 0
The correct answer for the question that is being presented above is this one: 
(1) <span>B)People prefer tangible items, so the government would not be able to satisfy demand for the tangible item at any fixed rate of exchange
</span>(2) <span>B)Potential buyers of the assets of a bank, incorrectly rumored to be distressed, may suspect the assets to be of poor quality.
</span>(3) <span>C) The Federal Reserve ("the Fed") stands ready to inject reserves into the system more quickly in a crisis.
</span>(4) <span>A)Checkable Deposits / Required Reserves</span>
You might be interested in
What does a general disk cleanup do?
vodka [1.7K]
A general disk cleanup removes unnecessary files (C). 
While the general disk cleanup is active, the utility first looks for/inspects the hard drive for files that are useless, then will remove those files. 

I hope this answers your question, good luck on your assignment. 

7 0
3 years ago
Which of the following practices should be discouraged during the problem-solving process?
7nadin3 [17]
The answer is D

the reason why:
4 0
3 years ago
Read 2 more answers
The lowest school dropout rate in the united states in 2008 occurred for:
Ne4ueva [31]
The status dropout rates measures the percentage of individuals who are not enrolled in a certain class or who does not have any school credentials. In the U.S by the year 2008  there was approximately 3.0 million drop out at ages 16 through 24 years old, all were living in United States. 
6 0
3 years ago
Colley Company uses the allowance method for bad debts and has the following information before the year end adjusting entry: Ac
Leona [35]

Answer:

If the company used the percentage of sale method and estimates bad debts to be 2% of sales what is the amount of bad debt expense:

  • D) 15,500

If the company uses the percentage of accounts receivable method and estimates 4% of accounts receivable will be uncollectible

  • A) 4,300

Explanation:

  • The percentage of sale method  

                  800,000  2%  16,000  

Initial Balance  

Accounts Receivable $ 120,000  

Allowance for Uncollectible Accounts  $ 500

Allowance for Uncollectible Accounts $ 15,500  

Accounts Receivable  $ 15,500

  • Accounts Receivable Method  4%  4,800  

Bad debt expense $ 4,300  

Allowance for Uncollectible Accounts  $ 4,300

8 0
3 years ago
Which of the following promises is subject to the "strict performance" standard? Assume that performance of the promise is not a
blagie [28]

Answer:

A promise to deliver a deed

Explanation:

The term, 'strict performance' is used to describe a contract between two parties. A contract is an agreement between two parties, and it is legally binding. When discharging contracts involving services, 'substantial performance' is required. For example, if I tell a painter to paint my house blue except for the kitchen and storeroom which should be painted white, and he does accordingly but failed in painting the kitchen white, he has performed substantially even though there was a minor breach. The consequences of which would be borne by him.

'Strict performance' is required in contracts where the terms are stated in express terms and the standards are very high. A 'deed' is such a contract because it is a document specifying the legal rights of a person or the ownership of a property. It requires the signatures of the two parties. Therefore, strict performance and adherence to the contractual deed are required.

4 0
3 years ago
Other questions:
  • The failure to record a purchase of mer chandise on account even though the goods are properly included in the physical inven to
    15·1 answer
  • HELPPP!!!!
    15·2 answers
  • Which of the following statements is a characteristic particular to the postindustrial economy?
    12·1 answer
  • If it is true that whenever a manager encounters a particular situation (such as motivating employees to work harder), and a sin
    13·1 answer
  • A greenhouse in a? tri-county area has kept track of its customers for the last several years and has determined that? 28% of it
    8·2 answers
  • Spa Company uses the direct method in determining net cash provided by operating activities. The income statement shows income t
    14·1 answer
  • Many compensation professionals are faced with making choices about which discretionary benefits to drop because funds are limit
    12·1 answer
  • There is an oil refinery located on a river. A fish farm is located in the bay, and is adversely affected by the oil refiner’s w
    13·1 answer
  • Investors require an 8% rate of return on Mather Company’s stock (i.e., rs 5 8%). a. What is its value if the previous dividend
    7·1 answer
  • Knowing a company's business standards will:
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!