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
viktelen [127]
2 years ago
5

If you place a part of your summer earnings in a savings account, you are using money primarily as a

Business
1 answer:
Flauer [41]2 years ago
6 0

You are using money primarily as a : Store of value

Money as a store of value is something that maintains its worth both in the present and in the future, with money being one such commodity in modern.

When money is a store of value, it means that it is capable of being held such that it can increase our wealth and net worth. This is why it can be saved and used as a means of capital.

Other characteristics of money includes :

  • Medium of exchange
  • Unit of account
  • Standard of value

Hence, you are using money primarily as a store of value if you place a part of your summer earnings in a savings account.

Learn more about functions of money here : brainly.com/question/25959268

You might be interested in
How does Truth In Lending protect consumers when shopping for a loan?
Ainat [17]
<span>How does Truth In Lending protect consumers when shopping for a loan</span>
3 0
3 years ago
Read 2 more answers
BlockWood Inc. has been providing raw materials to Couches Corp., a furniture company. The management at Couches recently decide
fomenos

Answer:

Forward integration

Explanation:

Forward integration is a type of business strategy in which the business activities should be carried forward for incorporating the complete production of the product i.e. from the raw material to the end manufacturing of the product along with the supply chain and its logistics. In this, the supplier of the raw material should extend the business to the end manufacturing of the product

So as per the given situation, it is a forward integration

8 0
2 years ago
All of the following programs provide direct cash transfer except __.
zlopas [31]
My answer would be d.
6 0
3 years ago
A contract that combines a good with a service is considered what kind of sale?
kykrilka [37]

A contract that combines a good with a service is considered Mixed Sale

<h3>What is Mixed Sale?</h3>

A foundational business model known as the "marketing mix" has historically focused on the four Ps of product, price, place, and promotion. The phrase "collection of marketing instruments that the firm utilizes to pursue its marketing objectives in the target market" refers to the marketing mix.

Early in the twenty-first century, marketing theory first appeared. The modern marketing mix was initially published in 1984 and has since evolved into the framework for all marketing management choices. An extended marketing mix is utilized in the services industry; it often consists of 7 Ps, which are made up of the basic 4 Ps plus process, people, and physical evidence. Occasionally, service marketers will use the term "8 Ps," which refers to these 7 Ps plus performance and includes "product, pricing, place, promotion, people, positioning, packaging."

To learn more about Mixed Sale from the given link:

brainly.com/question/25860138

#SPJ4

4 0
1 year ago
In some states, real estate agents are legally required to A. hire home inspectors to perform pre-sale inspections. B. appraise
Doss [256]
D.back up the claims their clients make about home conditions
6 0
3 years ago
Other questions:
  • An investor purchases a 15-year, $1,000 par value bond that pays semiannual interest of $50. If the semiannual market rate of in
    7·1 answer
  • Calip Corporation, a merchandising company, reported the following results for October: Sales $427,000 Cost of goods sold (all v
    15·1 answer
  • Suppose your expenses for this term are as follows: tuition: $12,000, room and board: $6,500, books 4) and other educational sup
    8·1 answer
  • 4. The ____ condition requires that only one of the selected criteria be true for a record to be displayed.
    10·1 answer
  • The balance sheet of Indian River Electronics Corporation as of December 31, 2017, included 12.25% bonds having a face amount of
    5·1 answer
  • An example of an asset-producing debt is a _____.
    8·1 answer
  • Refresh produces soft drinks and sodas. Production of 100,000 liters was started in February, 85,000 liters were completed. Mate
    15·2 answers
  • The theory of _____, developed by Michael Porter, focuses on the importance of country factors, in addition to factor endowments
    15·1 answer
  • Gutierrez Company reported net income of $196,100 for 2020. Gutierrez also reported depreciation expense of $47,400 and a loss o
    13·1 answer
  • dakota, a manager for a large trucking company, wants to evaluate his truck drivers but is unsure of which type of performance a
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!