Homework Answers
Option D.
- Store of value is a function of money which states that the money retains the same purchasing power at any later point of time and hence can be stored, retrieved and exchanged for other goods and services.
- Discovering money in the cost that was placed there last winter, means that the money can be still used now as its purchasing power remains the same even after storing it for sometime.
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22. When you discover money in your coat that you placed there last winter, you unexpectedly...
1) Because money eliminates the "double coincidence of wants" problem, the development of money as a...
1) Because money eliminates the "double coincidence of wants" problem, the development of money as a ________ has facilitated the expansion of trade. a) store of value b) medium of exchange c) unit of account d) measure of value 2) Aster won $5,000 on a slot machine. She deposits her $5,000 winnings into a money market fund so that she can use the money next year to help her pay for a new boat. This is an example of money...
when a person buys certificate of deposit, money is playinf the role of? QUESTION 4 When...
when a person buys certificate of deposit, money is playinf
the role of?
QUESTION 4 When a person buys certificate of deposit, money is playing the role of: O A. store of value. OB. medium of exchange. o C unit of account OD barter.
When you go out to your car one cold winter morning you discover a 0.60-cm thick...
When you go out to your car one cold winter morning you discover a 0.60-cm thick layer of ice on the windshield, which has an area of 1.3 m2 . If the temperature of the ice is -6.0 ∘C, and its density is 917 kg/m3, find the heat required to melt all the ice. Express your answer using two significant figures.
40) Ryan saved $50,000 last year so that he could buy asr.In this case, money served the4) function of a A) measure of inflation C) store of value B) unit of account D) medium of exchange 41) Whi...
40) Ryan saved $50,000 last year so that he could buy asr.In this case, money served the4) function of a A) measure of inflation C) store of value B) unit of account D) medium of exchange 41) Which of the following is likely to be true when an economy is in a boom? 41) A) The size of the govermment expenditure multiplier is relatively small. B) The inflation rate is negative. C) The unemployment rate is high. D) The size...
QUESTION 1 2 points Save Answer You are planning on having a garage sale, so you...
QUESTION 1 2 points Save Answer You are planning on having a garage sale, so you put price tags on all your used goods that you want to get rid of. You are using money as a O a unit of account O a medium of exchange O a store of value QUESTION 2 2 points Save Answer Amanda routinely uses currency to purchase her groceries. She is using money as a O a unit of account O a medium...
22. According to the authors of the text, money is a force multiplier in that it:...
22. According to the authors of the text, money is a force multiplier in that it: a. eliminated the disadvantage that arises from the double coincidence of wants. b. reduces the number of prices. c. provides valuable role for gold in a money economy. d. All of the above. e. Only A and B of the above 38. Carmen has $2000 in cash that she had been holding onto for a while and has decided to deposit this money into...
1 Which of the following uses of money is the focus of those economists who favor...
1 Which of the following uses of money is the focus of those economists who favor the transactions approach to money measurement? Select one: a Store of value b Unit of account c Medium of exchange d Standard of deferred payment 2 Which of the following assets is traded only in an over-the-counter market? a. Stocks b. Commodities c. Treasury bonds d. All of the above e. None of the above 3 Which of the following forms of electronic money...
When we talk about whether there is prosperity or not, we are generally talking about the...
When we talk about whether there is prosperity or not, we are generally talking about the amount of the gross domestic product that goes to each person. Standard of living, meanwhile, refers to the extent to which the economy in a region enables the production of and purchase of goods and services. The financial system, meanwhile, is the group of institutions dealing with savings and borrowing of money, made up of financial markets and financial intermediaries. The stock and bond...
the answers i already have are probably wrong. please correct if so. thank you!!! Suppose that...
the
answers i already have are probably wrong. please correct if so.
thank you!!!
Suppose that you have an initial investment of $350. For each of the given compounding situations, using an annual percentage rate (APR) of 1.5% find the value of the investment after 22 months, find how long it would take to double the money, and find the APY. Follow the rounding rules at the top of the column and include units in your answers. Compounded Formula entered...
LAST 3 only DID NOT MEAN TO POST THE OTHERS D Question 2 2 pts You...
LAST 3 only DID NOT MEAN TO POST THE OTHERS
D Question 2 2 pts You want to sell your old iPad because you no longer use it, and your cousin wants to give you $200 for it. If you decide to sell your iPad to her, you'll have to pay the shipping fee to get the iPad to her. As a rational decision maker, you will sell your old iPad to your cousin when the shipping fee is: $350...
when a person buys certificate of deposit, money is playinf
the role of?
QUESTION 4 When a person buys certificate of deposit, money is playing the role of: O A. store of value. OB. medium of exchange. o C unit of account OD barter.
40) Ryan saved $50,000 last year so that he could buy asr.In this case, money served the4) function of a A) measure of inflation C) store of value B) unit of account D) medium of exchange 41) Which of the following is likely to be true when an economy is in a boom? 41) A) The size of the govermment expenditure multiplier is relatively small. B) The inflation rate is negative. C) The unemployment rate is high. D) The size...
QUESTION 1 2 points Save Answer You are planning on having a garage sale, so you put price tags on all your used goods that you want to get rid of. You are using money as a O a unit of account O a medium of exchange O a store of value QUESTION 2 2 points Save Answer Amanda routinely uses currency to purchase her groceries. She is using money as a O a unit of account O a medium...
the
answers i already have are probably wrong. please correct if so.
thank you!!!
Suppose that you have an initial investment of $350. For each of the given compounding situations, using an annual percentage rate (APR) of 1.5% find the value of the investment after 22 months, find how long it would take to double the money, and find the APY. Follow the rounding rules at the top of the column and include units in your answers. Compounded Formula entered...
LAST 3 only DID NOT MEAN TO POST THE OTHERS
D Question 2 2 pts You want to sell your old iPad because you no longer use it, and your cousin wants to give you $200 for it. If you decide to sell your iPad to her, you'll have to pay the shipping fee to get the iPad to her. As a rational decision maker, you will sell your old iPad to your cousin when the shipping fee is: $350...
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