________________ serves society in three functions: medium of exchange, unit of account,and store of value.

Answers

Answer 1

Answer:

Money serves society in three functions: medium of exchange, unit of account,and store of value.

I hope I helped you^_^

Answer 2

In these, money serves society in three functions: medium of exchange, unit of account, and store of value. This three factors are included.

What is the role of money in the economy?

According to its primary purposes as a medium of trade, a store of value, and a unit of account, money has an impact on the economy.

Modern economies use fiat currency, which is money that is neither backed by nor represented by a physical good.

The primary purpose of money is to serve as a medium of exchange for transactions. Without money, all transactions would have to be made through direct exchange of one commodity or service for another, or barter.

Lower interest rates are often a result of increased money supply, which leads to more investment and more money in consumers' hands, which in turn boosts consumption.

Therefore, in these, money serves society in three functions: medium of exchange, unit of account, and store of value. This three factors are included.

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Related Questions

what do you mean by office personal

Answers

Answer:

an office personal is a private office space.so having a private office you have more privacy and this can result in higher productivity if your work requires full concentration.

Explanation:

hope that help

You are the executive director of a law firm. You find out that your articling student has accidentally destroyed an important piece of evidence that would have cleared a wrongfully accused person. If you reveal this to the authorities, your student will not only lose her job, but will face jail time for destroying court evidence. CASPer Sample Questions:

Answers

Answer:

What is the question?

Explanation:

there are no multiple choices.. is it written response??

what is stock exchange?​

Answers

It is a place where shares of pubic listed companies are traded.A stock exchange facilitates stock brokers to trade company stocks and other securities. A stock may be bought or sold only if it is listed on an exchange. Thus, it is the meeting place of the stock buyers and sellers

education opens the door to employment.

Answers

Answer:

yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.

Yes correct perfect

How do property rights influence the exchange of goods and services in the market?
a. Property rights prevent market failures from arising in an economy.
b. Property rights prevent producers from exhibiting profit-seeking behavior.
c. Property rights allow consumers' wants and needs to control the output of producers.
d. Property rights determine ownership of resources among businesses, individuals, and governments.

Answers

Answer:

B. Property rights determine ownership of resources among businesses, individuals, and governments.

The property rights impact the exchange for goods and services in the market in the way when it measures the resources' ownership between the business, individuals, and the governments.

The information regarding the property rights is as follows:

In this, the resource or the good is to be used & owned.Resources should be owned by individuals, governments, etc.It represents the characteristic of the economic good.

Therefore we can conclude that property rights impact the exchange for goods and services in the market in the way when it measures the resources' ownership between the business, individuals, and the governments.

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volatile, not permanent, RAM
: non-volatile, permanent, often referred to as ‘space’

secondary memory/storage
primary memory/storage
peripheral

Answers

Answer:

RAM - primary memory/storage

please mark me as brainliest please

Answer:

RAM - primary memory/storage

Explanation:

What is The Humane Society of North Central Florida's mission? *

Answers

Answer:

Our mission is to build an ecologically sustainable and humane world for all animals.

Explanation:

I hope it help u

Select all that apply Select the components of a market analysis. (Select all that apply) Multiple select question. The economic, physical, and technological environment The organization's own capabilities An understanding of injurious consumption The capabilities of current and future competitors The consumption process of potential customers

Answers

The components of market analysis include:

Three types of environment - economic, physical & technological.The organization has its own capabilities.Present & future competitor's analysis.Customers' consumption process.

The following information related to the market analysis is:

It is a quantitative & qualitative market evaluation.The market size in volume & in amount.Purchasing patterns & segments of the customers.Competition or rivalry.Barries with respect to the entry & regulation of the economic environment.

Therefore we can conclude the above components of the market analysis should be considered.

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Answer the following questions, a) Explain different types of professions related to financial sector. b) What qualification is required to become Assistant Accountant? c) Write the role of assistant accountant in organization. d) What are the duties of an Accountant?​

Answers

Explanation:

the different types of professions related to financial sector are auditor accountant CA bank manager

Which statement best describes total task chaining?
A. The steps of the behavior chain are taught one at a time, in the order outlined by the task analysis, starting with step one
B. The client is taught one step at a time beginning with the last step of the behavior chain.
C. All previous steps are complete for the student
D. The client is taught all steps of the behavior chain in order and assistance is provided for any step the client is not able to complete independently
E. The client is taught one step at a time starting with the step that is easiest for the client

Answers

I took the test the answer should be B

Which of the following states the law of supply and demand

Answers

Answer: The four basic laws of supply and demand are: If demand increases and supply remains unchanged, then it leads to higher equilibrium price and higher quantity. If demand decreases and supply remains unchanged, then it leads to lower equilibrium price and lower quantity.

A company currently makes a component used in production. The per unit costs incurred to make the component include: Direct materials: $5; Direct labor: $2; Overhead: $4; Total cost: $11. Twenty-five percent of the overhead costs are considered incremental. The company can purchase the component from another source for $10. The company should do which of the following?
A. The company should make the components because incremental costs are $2 less than the purchase price.
B. The company should buy the components to save $2 per unit.
C. The company should buy the components to save $1 per unit.
D. The company can be indifferent because incremental costs are $10 and the purchase price is $10.

Answers

https://www.chegg.com/homework-help/questions-and-answers/company-currently-makes-component-used-production-per-unit-costs-incurred-make-component-i-q49683846

Please, discuss 2-3 major advantages and disadvantages of both free market and the command way of running the cafeteria.

Answers

Answer:

Free Market

A free market economy promotes the production and sale of goods and services, with little to no control or involvement from any central government agency.

Explanation:

Advantage:

Absence of Red TapeFreedom to InnovateCustomers Drive Choices

Disadvantage

Limited Product RangesDangers of Profit MotiveMarket Failurescommand way of running the cafeteria.

There are advantages and disadvantages of running the cafeteria in either way. In the original example, the cafeteria is being run like a command economy. In this scenario, all students are looked after; the meals are cheaper because they are government subsidized, and the food is healthier because the students do not have as much of a say. Some disadvantages of this way of running the cafeteria include that the students are very dissatisfied with the school food, there are feelings of frustration because the principal won’t listen to the students’ requests, and the students have turned to a silent rebellion to voice their opinion. Running the school like a market economy also has advantages and disadvantages. The students are far more satisfied with their school food, and are pleased that their voice is listened to, however they are eating less healthy foods, and the lunch is more expensive because it is not government.

A business opportunity that match traveling​

Answers

Answer:

Steward or stewardess assistant

Explanation:

Like a plane servant ,if u r up for it though...

explain how the looting of shops and malls will affect businesses in terms of the relationship between social responsibility and triple bottom line​

Answers

The main purpose of  a business is to make profit. A businessmen will feel secure to operate his business activities in a country where he feels himself and his business activities secure.

When the shops and malls are looted in a country, the businessmen will have feeling of insecurity and so they will shut down their business activities because whatever profits they make from running business, it is looted by robbers.

There is always some social responsibility of the citizens that even in case of emergency situations they should not be unethical activities and indulge in criminal activities.

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penny and Theodore comprise a scheme whereby Penny will send information to Theodore in regards to the moves her telecommunications company is making when she learns about it in their company's internal strategy meeting so he can make a better stock trade. This is known as

Answers

Answer:

I think this is Insider trading

Explanation:

insider trading is an illegal practice where someone uses their own advantage of having access to confiditional information to practice stock trading on the stock exchange

wat is the definition of economics​

Answers

Economics is a social science concerned with the production, distribution, and consumption of goods and services. ... Economics can generally be broken down into macroeconomics, which concentrates on the behavior of the economy as a whole, and microeconomics, which focuses on individual people and businesses.
the branch of knowledge concerned with the production, consumption, and transfer of wealth. The condition of a region or group as regards material prosperity.

anyone know about the air force like seriously anything?

Answers

Answer:

Pararescue is a dangerous job because you are ordered to put your life on the line to save someone else's. Even a slight malfunction in a parachute can have deadly consequences for the airman, as reported by the Air Force Times in 2020, a longstanding source of Air Force news.

PLEASE HELP ASAP ITS A TEST
Which of the following is a disadvantage of a sole proprietorship?
(A) Proprietors are their own bosses and can work their own hours.
(B) It's the least expensive type of business organization to create.
(C) The owner has unlimited liability for the debts of the business.
(D) The owner gets to decide what to do with all of the profits made.

Answers

Answer:

A is the right answer so right it

Its C.
The sole trader has to pay all the debts by selling his personal properties if a business fails, as He has unlimited liability. Its a disadvantage.

Many economists believe that the growth of the money supply is A. not related to output growth. B. inversely related to the price level. C. directly related to interest rate growth. D. positively related to the growth of real GDP.

Answers

Answer:

D.

Explanation:

They believe that controlling the supply of money directly influences inflation and that by fighting inflation with the supply of money, they can influence interest rate in the future.

Which is true of an intrapreneur?



A. They operate in a business as a collaborator

B. They are a failed business person

C. They have no desire to branch out or move up in the business world

Answers

Answer:

I belive it would be A

Explanation:

This most matches the defenition

fractional reserve banking

Answers

Answer:

I'm thinking D because several banks have gone bankrupt from people not paying

Answer:

E

Explanation:

All of them would essentially lead to the bank to fail

how many languages in South Africa??​

Answers

Answer:

There are 11 languages in South Africa. (Afrikaans, English, Ndebele, Pedi, Sotho, Swati, Tsonga, Tswana, Venda, Xhosa, and Zulu)

Answer:

eleven languages in total

Identify an accurate statement about behavioral targeting. Multiple choice question. It has made it harder for firms to target smaller segments. It focuses on larger markets rather than market segments. It has enabled firms to target large market segments for the first time. It makes individualized communication more cost effective.

Answers

The statement "It makes individualized communication more cost effective" is an accurate statement about behavioral targeting.

Behavioral targeting is a marketing process where companies use user information of uses to appeal to the public and make advertisements based on their interests. This is a marketing ploy used by businesses to make advertisements accordingly.

Behavioral targeting is done by tracking the online activity of consumers and making advertisements related to their browsing history. For instance, the ads that we see on different sites are based on whatever we browse on online shopping sites. This is how companies or servers use our browsing history, web searches, purchases, or even frequented sites to try to appeal to our interests. In this regard, behavioral targeting makes individualized communication more cost-effective.

Behavioral targeting is when consumers are targeted based on their web searches and purchasing history by using this information to show ads related to such activities. Thus, the correct answer is the fourth option.

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Role o vision, mission,and objectives in entreprenial development in Nigeria businesses? Pls describe

Answers

Answer:

Developing a vision and mission statement is crucial to the success of community initiatives. These statements explain your group's aspirations in a concise manner, help your organization focus on what is really important, and provide a basis for developing other aspects of your strategic plan

Explanation:

it help u

According to the Law of Supply, what's the result of an increase in the supply of workers for a job, if all other factors remain equal?


Question 12 options:




A:The wage rate will increase, since the pool of talented workers has increased.





B:The wage rate for that job will be pushed down.





C:The wage rate for that job will shift closer to the average rate in that country.





DThe wage rate will be unaffected, since jobs factor in skill and experience.

Answers

Answer:

Its A

Explanation:

i just took the test

Assuming all other conditions are equal, the outcome of a rise in the supply of workers for a job Due to the increase in the number of qualified people, wages will rise. Hence option A is correct.

What is Law of Supply ?

A key tenet of economic theory is the rule of supply, which asserts that an increase in price will result in an increase in the quantity supplied, all other things being equal.

In other words, there is a direct correlation between price and quantity, and quantities react to price changes in the same way. This indicates that manufacturers are willing to increase production as a means of raising profits in order to sell more of a product on the market at higher prices.

The law of supply, to put it simply, is an association between quantity supplied and the supply curve's rising slope is caused by price and.

According to some heterodox economists like Steve Keen and Dirk Ehnts, the supply curve for mass-produced items is frequently downward-sloping: as production rises, unit prices fall, and vice versa, if demand is extremely low, unit prices rise.

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John King is saving for a new house he wants to build in two years and has invested in what he believes is an undervalued financial asset. King believes the asset will double in value. Which of the following limitations might prevent King from achieving his goal?
A. Fundamental risk
B. Implementation costs
C. Model error

Answers

A. Fundamental risk
(Is the correct answer)

Match each model with its matching example

Sketch

Simulation

Infographic

Graph

A) Pictures of car design options with special highlights


B) An imitation on how to drive a car

C) Results of car safety tests

D) A detailed illustration of a car design

Answers

Answer:

Sketch =  A detailed illustration of a car design

Simulation = An imitation on how to drive a car

Infographic = Pictures of car design options with special highlights

Graph = Results of car safety tests

I just took the test and got all four points

Sketch =  A detailed illustration of a car design, Simulation = An imitation on how to drive a car, Infographic = Pictures of car design options with special highlights, Graph = Results of car safety tests.

What is a Sketch?

A rough drawing sometimes made as an initial study that captures the key features of an object or situation. An early version, as for a literary work. A brief synopsis or description.

A rapid drawing or painting called a sketch lacks finer details. Sketch is another word for drawing a preliminary draft of something. A sketch could also be a quick dramatic performance. A sketch is a preliminary design created by a clothing designer before moving on to the final product.

A sketch is a series of brief, straightforward drawings. An example of a sketch would be a drawing of a garment that the designer plans to sew. A person with humour.

Thus, the statements are matched in the above sentence.

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which of the following assets is the most liquid

Answers

Answer:

A. A $20 bill

because cash is the most liquid asset

Reference:

https://africa.businessinsider.com/markets/what-are-liquid-assets-a-guide-to-the-investments-that-are-easiest-to-cash-in-and-why/k6073h1

From the provided options, the most liquid asset is the bill stating $20.

Option A is correct.

What is an asset?

An asset is the monetary resource of a company which is acquired in order to get benefits in the future years.

The bill of $20 is considered to be the current asset as it can be converted into cash in short span of time in comparison to the checking account. The current assets are most liquid assets of the balance sheet.

Therefore, the asset given in option A is correct.

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Which of the following is a factor in determining what laws and regulations
affect a particular business?
A. Business name
B. Date business was founded
C. Business size
D. Design of business logo

Answers

It’s d so yeah it’s d
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Solve this please, I can't understand the question, so the answer with the working would be appreciated. I need help with this question. There is a vent diagram - it asked 30 students if they have a cat or dog. 21 have a dog. 16 have a cat. 8 have a dog, but not a cat. How would I put this on a two circle Venn diagram? What are three reasons authors might use a nonlinear plot structure?to change the course of the main plotto give more attention to a minor characterto slow down the storyto make the story feel longer for the readerto give the main conflict more depthReset Wise Old WomanArrange the following events from the story in the order they occur:1. The young lord declares that anyone older than 71 years of age must be taken to the mountains to die.2. The young lord asks the son how he was able to solve all of Lord Higas puzzles.3. The son hides his mother in a secret room in his house.4. 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For some it has been hard to make connections through a mask and a computer screen. And there's what happens when you mest someone and the two of you just click Jeanie Cave, a clinical psychologist refers to the term dual attunement frame, a kind of synchronicity with someone where you share similar patterns of brain waves - which is much more difficult to achieve when you connect on a virtual platform On the other hand, those of us who have had to rely on strangers such as neighboom ar aoquaintances during the early days of the pandemic now have a whole new support network Only time will tell whether any real friendships have come out of this time, Kattego, a Me coach, says, but I am will to bet that they have. Tough times tend to galvanise people. Jeania and Katlego have a few tips to help find meaningful connections.. Most people are expenencing that same fear of rejection and longing for connection as you an Jeanie says We're all just waiting to make the first move. 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