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Licemer1 [7]
3 years ago
6

Legal tender act 1862 purpose and impact on economy.

Business
1 answer:
AlekseyPX3 years ago
4 0

Answer:

The Legal Tender Act allowed the government to print $150 million in paper money that was not backed by a similar amount of gold and silver. ... The government was able to pay its bills and, by increasing the money in circulation, the wheels of Northern commerce were greased.

Explanation:

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Known popularly by its section in the Federal Bankruptcy Code, which of the following types of bankruptcy is the traditional for
Step2247 [10]

Answer:

Chapter 7 bankruptcy

Explanation:

Chapter 7 bankruptcy is the most common type of bankruptcy filing and it can be filed by individuals, partnerships or corporations (anyone can do it). It is also the quickest and simplest form of bankruptcy filing. But if you are an individual, in order to qualify for Chapter 7 bankruptcy you must earn less than the median state income. Many people choose Chapter 7 bankruptcy since they can get to keep all or almost all of their property.

6 0
4 years ago
Coworkers yvonne and rodney are trying to finish cleaning up the store by washing dishes and sweeping the floors. to finish both
Stells [14]

Yvonne and Rodney should determine which "has the comparative advantage in dish washing."


Comparative advantage is a economic term that alludes to an economy's capacity to create products and enterprises at a lower opportunity cost than exchange accomplices. A comparative advantage enables an organization to offer products and ventures at a lower cost than its rivals and acknowledge more grounded deals edges.  

A standout amongst the most critical ideas in economic theory, similar preferred standpoint spreads out the case that all performing artists, consistently, can commonly profit by collaboration and deliberate exchange. It is likewise a basic rule in the theory of international trade.

6 0
4 years ago
Martha is saving money to move to a new city in 18 months. This is an example of a _____ goal.
laila [671]
<h2>Hey there! </h2>

<h2>I guess the correct option is:</h2>

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6 0
3 years ago
Read 2 more answers
A short-term mortgage in which small payments are made until the completion of the term, when the entire balance is due, is ____
statuscvo [17]
<span>A short-term mortgage in which small payments are made until the completion of the term, when the entire balance is due, is BALLOON MORTGAGE.

Balloon mortgage is a type of loan that needs to be paid in a lump sum or is repaid at the end of the loan period, in a single payment.  Depending on the agreement between the borrower and the lender, this type of payment may be interest free. Interest may apply but is usually smaller than long-term loans. 
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8 0
3 years ago
Read 2 more answers
Select all the correct answers.
makkiz [27]

Answer:

an increase in the number of goods produced

the creation of employment opportunities

Explanation:

The GDP value communicates the rate of economic growth in a country. An increase in GDP shows the economy is growing. The GDP value is calculated by adding all the values of new goods and services produced within the country.  An increase in the value of products and services produced results in an increase in GDP, indicating economic growth.

When businesses need to offer more goods and services, they require to hire additional workers to be engaged in production activities. Economic growth means more job opportunities are created.

3 0
3 years ago
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