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valentina_108 [34]
2 years ago
14

How does money function as a medium of exchange?

Business
1 answer:
Ainat [17]2 years ago
5 0

Answer:

C. It allows people to buy, sell, and trade goods efficiently

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ACME Inc. has decided on a 10for1 reverse stock split. If the firm currently has​ 40,000,000 shares​ outstanding, how many share
kondor19780726 [428]

Answer:

$4,000,000 Shares

Explanation:

Calculation for how many shares will be outstanding after the stock​ split

Using this formula

Outstanding Shares after stock split =Shares​ outstanding ÷Reverse stock split

Let plug in the formula

Outstanding Shares after stock split =$40,000,000÷10

Outstanding Shares after stock split =$4,000,000 Shares

Therefore the amount of shares that will be outstanding after the stock​ split will be $4,000,000

8 0
3 years ago
A truck driver fell asleep at the wheel and his freight truck tipped over, leaking ammonia into the air and requiring an evacuat
ExtremeBDS [4]

Answer:

its c

Explanation:

6 0
3 years ago
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A wealth gap is an economic difference between
kirill115 [55]

Answer:

classes

Explanation:

"The term “wealth gap” refers to the gap in wealth between two groups such as rich and poor people."

6 0
3 years ago
In the economy of Ukzten in 2010, consumption was $6000, exports were $1000, GDP was $10,000, government purchases were $2000, a
Blababa [14]

Answer:

I= $1,600

Explanation:

We have to clear Investment from the GDP formula:

GDP= Consumption (C)+ Investment (I)+ Government expenditure (G)+ Net exports (exports-imports)

I=GDP-G-C-(X-M)

The problem gives this information:

GDP: $10,000

G: $2,000

C: $6,000

X: $1,000

M: $600

I= $10,000-$2,000-$6,000-($1,000-$600)

Investment in 2010=$1,600

7 0
3 years ago
Which statement defines equilibrium in a graph showing demand and Supply curves? <br>​
NemiM [27]

On a graph that shows supply and demand curves, <u>equilibrium is the single point where the two curves meet</u> (aka are <em>equal</em>).

5 0
3 years ago
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