Answer:
Role of Money is given below as Unit of Account , Store of value and Medium of Exchange
Explanation:
given data
computer priced = $1,299
vacation priced = $750
his checking account = $1,537
to find out
Role of Money
solution
here Brian is easily determine price difference that the computer priced is more than the price of the vacation = Unit of Account
as money being the standardize measure price of 2 unit
and
Brian checking account is $1,537 this is = Store of value
as money is stored in his account, that can be used later for any purpose
and
as Brian write check is $1,299 so it is = Medium of Exchange
as money is used to exchange with the computer
Answer:
Round 2 adds =$800
Round 3 adds =$640
Explanation:
Marginal propensity to consume is the aggregate increase in spending by a consumer for each additional $ they earn. So a Marginal Propensity to consume of 0.8 means that each consumer in the economy consumes 80% of any additional dollars they earn, while they save 20% which is also the marginal propensity to save that is 0.2
So First round adds $1000
Second round adds $1000 * 0.8 = $800 as people use 80% of $1000
Third round adds $800 * 0.8 =$640 as people use 80% of $800
while the remaining is saved.
Hope that helps.
Answer:
I. Large amount of molten rock would rain down on Earth and cause massive forest fires.
and
IV. Thick clouds of carbon dioxide would form and block out the sun for an extended period.
Answer to a:
The number of years for which the deposits will be made is given by:
= Retirement age - current age
= 65 - 23
= 42 years
Answer:Churning
Explanation: My teacher told us in class