which function allows money to be used to make purchases

Answers

Answer 1

Answer:

The function that allows money to be used to make purchases is unit of account.

Explanation:

There are four functions of money namely; a unit of account, a store of value, a medium of exchange and a standard of differed payments. Money is a unit of account because it can be used to determine the value of goods and services.Using money will allow buyers and sellers make purchases and sales independently. A unit of account is divisible, fungible and countable.


Related Questions

Dividends of a company are:

Answers

A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits. When a corporation earns a profit or surplus, the corporation is able to re-invest the profit in the business (called retained earnings) and pay a proportion of the profit as a dividend to shareholders.

Your credit at a bank is based on your ability to pay back a loan.

True or False

Answers

Thats a True answer

Answer:

true

it is true that your credit at a bank is based on your ability to pay back a loan.

What happens when a bank is required to hold more money in reserve?

Answers

Answer:

When the Federal Reserve decreases the reserve ratio, it lowers the amount of cash that banks are required to hold in reserves, allowing them to make more loans to consumers and businesses. This increases the nation's money supply and expands the economy

Explanation:

Answer:

has less money for loans

Explanation:

edge

Carol works in the same company as Bob. She performs the same work, but receives a lower salary. This is an example of _____.

Answers

Carol receiving a lower salary for the same work as Bob is an example of wage discrimination. Factors like discriminatory attitudes and real-world considerations often result in wage disparities, even when the principle of comparable worth suggests equal pay for similar work.

Carol works in the same company as Bob, performing the same work but receiving a lower salary. This is an example of wage discrimination. The doctrine that stipulates individuals who perform jobs that require the same level of skill, training, or education should receive equal pay is known as the principle of comparable worth or pay equity. Despite this principle, real-world factors like seniority, networking, and discrimination often result in wage disparities.

Many workplace inequities stem from discriminatory attitudes, where employers might have biases that lead them to assume one worker is less productive than another based on gender, race, or other unrelated characteristics, resulting in different wages or employment levels. This discrimination affects not only wages but also job opportunities and can hinder the economic progress of affected groups.

These wage inequalities are sometimes challenged by outside forces and regulations, yet they can still persist, reflecting the ongoing struggle to achieve true equality in the workplace.

How many shareholders can an S corporation have

Answers

An s corporation can have 100 shareholders

Its can have up to 100

If you start investing for retirement when you are 20, investing 10% of your income normally makes sense if you want to build a satisfactory retirement plan. But if you wait until you are over 40 to start investing, you would normally have to invest 25% of your income to build a satisfactory retirement plan.

TRUE OR FALSE

Answers

It should be true I think

TRUE, yes your income to build a satisfactory retirement plan.

What are the main retirement plans?

Examples of defined contribution plans include 401(k) plans, 403(b) plans, employee stock ownership plans, and profit-sharing plans. A Simplified Employee Pension Plan (SEP) is a relatively uncomplicated retirement savings vehicle.

What is the safest retirement investment?

The safest place to put your retirement funds is in low-risk investments and savings options with guaranteed growth.

Low-risk investments and savings options include fixed annuities, savings accounts, CDs, treasury securities, and money market accounts. Of these, fixed annuities usually provide the best interest rates.

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Select the correct answer.
A slide contains three text boxes and three images that correspond to the text boxes. Which option can you use to display a text box with its image, one
after the other in a timed sequence?
A.
transition
B.
table
c.
animation
D.
E
Slide master
template
Reset
Next
mentum. All nghts reserved

Answers

Answer:

Option-(A):

Transition, is the best option to choose from the following options.

Explanation:

Transition Design:

In order to display a text box with its image, one  after the other in a timed sequence, we can use and implement the transition design in order to show or display a slide contains three text boxes and three images that correspond to the text boxes.

Answer:

a-transition

Explanation:

for plato

The cost of employee benefits is ____ the cost of salary and wage payments. 25 percent 31 percent 66 percent 200 percent

Answers

According the the Bureau of Labour Satatistics the cost of employee benefits is about 30 percent

How does marketing differ from advertising

Answers

Answer: marketing is a product is held in stores. Advertising or ad is to persude some to try somthing or buy it.

Explanation:

kickstarter.com is a popular​

Answers

Answer:

kickstarter.com is a popular​  global crowdfunding platform

Explanation:

Final answer:

Kickstarter.com is a digital crowdsourcing platform designed to raise funds quickly by appealing to a large online community. It is part of the broader concept of crowdsourcing, which is a method of obtaining services, ideas, or content from a large group rather than traditional sources. Crowdsourcing allows the production of large amounts of data at a low cost, as seen with platforms like Wikipedia.

Explanation:

Kickstarter.com is a renowned platform that utilises the concept of digital crowdsourcing. Crowdsourcing aims to obtain required services, ideas, or content by appealing to a large online community instead of relying on traditional employees or suppliers. Kickstarter is specifically designed to raise substantial amounts of money in short timeframes, effectively circumventing the conventional financing process.

One of the primary examples of crowdsourcing is Wikipedia, the free online encyclopedia. Much like a physical book, which might have numerous authors and editors, a Wikipedia page could be written and reviewed by several volunteers, thus providing large quantities of data produced at a low cost. Kickstarter and other web-based companies operate on this same principle of collaborative effort.

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What is a conflict of interest? (Select the best answer.)
A situation where an employee decides how to handle disagreements with their
coworkers
A situation where an employee has to decide which tasks interest them the most
A situation where an employee could benefit by taking unfair advantage of their position
in a company
A situation where two employees have conflicting ideas about how to solve a problem

Answers

Conflict of interest is regarded as a situation where someone might have unfair advantage over their position in the company.

What are the possible outcomes of a conflict of interest?

When a person has a personal advantage over others owing to the position he holds in an organization is one of the possible outcomes of a conflict of interest.

Hence, option C holds true of the conflict of interest.

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Final answer:

A conflict of interest happens when an individual's personal interests conflict with their professional responsibilities, such as when an employee could unjustly gain from their company role.

Explanation:

A conflict of interest refers to a situation where an individual's private interests—personal, financial, or other—interfere or have the potential to interfere with their professional responsibilities or decision-making process. Given the options provided, the best description of a conflict of interest would be a situation where an employee could benefit by taking unfair advantage of their position in a company. For instance, if an employee's relative owns a business and the employee is in a position to decide which vendor their company should use, choosing the relative's business for personal gain would create a conflict of interest. This is because their private interest (benefiting a relative) conflicts with their professional duty (selecting the most suitable vendor unbiasedly).

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How can social media be an asset in international marketing

Answers

Answer:

Explanation:

You can put your goods or services in your profile. Anyone doing a search for what they want gives you a chance for them to find what you put under your profile.

Answer:

Social media can grow, and destroy people if used correctly (and incorrectly).

Explanation:

Social media helps to spread the word, and spread information to other countries where that information would not otherwise be accessible. It also helps to kick-start ideas as almost 1/7 of the population uses ig and sc. That being said, only a portion receives an advertisement for a specific object, however, social media can really help in how quick something sells, or the quantity of it that sells.

You are trying to decide what you want to major in during your college years. How should you go about making the decision?

defining the problem
gathering information
evaluating information
selecting the best option
taking actionhould you go about making this decision?

Answers

Answer: select the best option

Explanation: because you have to think before you take action.

Answer:

The correct answer would be D, Selecting the best option.

Explanation:

You are in a college and you want to specialize in subjects and you want to make decision about which subject to choose among many choices, then you need to select the best option among all other available options. For example, you have completed your intermediate and now you are doing your bachelors in business administration, and you want to opt a specialization area, and the choices are Marketing, Finance, Accounting, Information Technology, Human Resources, etc, then you need to see which area of specialization is in demand and what area has the most scope in the market and in the coming days, so make a decision, choose the best one and go for it.

What kind of loans does the world bank make

short term

emergency loans

loans and interest ability

long-term loans with low or no interest

Answers

Loans and interest ability is what I’m assuming.

The World Bank provides long-term loans with low or no interest for development projects in areas such as infrastructure, education, and health. These loans are intended to aid economic development and are not comparable to emergency loans offered by the IMF during financial crises.

The World Bank is an international financial institution that provides loans for development projects in developing countries. The types of loans that the World Bank makes are typically long-term loans with low or no interest. These loans are aimed at funding projects with significant social benefits, such as those in infrastructure, education, and health sectors, which may not be profitable enough for private firms to undertake, but are essential for economic development and poverty elimination.

Unlike the International Monetary Fund (IMF), which provides emergency loans usually during financial crises, the World Bank focuses on larger, long-term development projects. Emergency loans from the IMF are meant to maintain stability and are not designated for projects like infrastructure building, which is a hallmark of World Bank financing. The World Bank's mission also includes the provision of expert advice regarding sound economic policies alongside its loan activities.

which of these phrases is call to action

Answers

Answer:

Put the answer choices please, then I can help.

Explanation:

Answer:

Call For Your Free Consultation.

Explanation:

A call to action are words on an advertisement that persuade you to do something physically, hence physically calling for your free consultation.

The main purpose of a cover letter is to: a. Get hired for a position b. Be called in for an interview c. Let your friends know how your job search is going d. Obtain references from your network

Answers

I believe the answer is B

Answer:

answer is indeed B.  :)

Explanation:

A positive or negative outcome of a decision or action can be called a _____. a. Boon b. Consequence c. Tragedy d. Advantage

Answers

A positive or negative outcome of a decision or action can be called a Consequence.

What is the meaning of consequence?

The meaning of consequence is the result of what you have done that can be positive or negative.

"He got a traffic ticket as a result of running the red light," for example.

Thus, the correct option is b. Consequence

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Final answer:

A positive or negative outcome of a decision or action is a consequence, which can impact individuals and society in various ways, and is central in both everyday decisions and the philosophy of consequentialism. The correct answer is option (b).

Explanation:

A positive or negative outcome of a decision or action can be characterized as a consequence. This term applies to both good and bad results of actions and policies, or their beneficial or harmful effects on individuals and society. It is essential to understand that decisions and their respective actions lead to various outcomes, and these results or consequences often have significant implications.

For instance, in consequentialism, a philosophy explored in your studies, an action is considered right if it produces the greatest good for the greatest number of people. Here, the consequences of one's actions take a central role in determining the morality of those actions. Similarly, in everyday decision-making, considering the potential outcomes of our choices is a common practice where we weigh costs and benefits to come to a conclusion.

Which of the following is needed to apply for a checking account A. Report card B. Social security number C. Birth certificate D. Copy of drivers license

Answers

Answer:

B i think.

Explanation:

I believe the the answer is b.social security number.

Describe two disadvantages of early forms of money, and explain how they could have been fixed.

Answers

Answer:

The early system of money was the barter exchange system where the commodities were exchanged for other's commodities. The major disadvantages were:

Lack of Double Coincidence of Wants:

It is fundamental for an individual who wishes to exchange his good/service to locate some other individual who isn't just eager to purchase his good/service, yet in addition has that good which the former needs.  This could be fixed if seller finds a buyer who has the same good that is needed so both exchange goods that the other needs.

    2. Lack of a Common Measure of Value:

Regardless of whether the two people who need each other's merchandise meet unintentionally, the issue emerges with regards to the extent in which the two products ought to be traded. There being no basic proportion of significant worth, the rate of trade will be discretionary fixed by the power of interest for one another's merchandise. This could be fixed if both parties decide the goods they wish to trade.

Answer:

The early system of money was the barter exchange system where the commodities were exchanged for other's commodities. The major disadvantages were:

1. Transportation

Some of the early forms of money were hard to transport. Limestone is heavy and thus would be hard to transport. Cattle are hard to transport mainly because they are animals. They have a mind of their own and it would be hard to get them to move.  

2. Perishability

A lot of early money was perishable. Cattle could die if not tended to constantly. Shells could break and limestone might as well. Salt got ruined when wet. Grain and cocoa beans eventually wore out or spoiled.

Explanation:

I just felt like doing this. This is a good answer if you use odsseyware.

Why do many advertising sales agents work on holidays and weekends? Explain

Answers

Answer:

Advertising sales agents work on holidays and weekends because that is when people buy. For example, during Christmas they are working advertising products so people will buy for Chirstmas. It is the biggest part of the year where people buy products and they need to work to advertise to consumers to buy their products.

Answer:

Selling can be stressful because income and job security depend directly on the agent's ability to maintain and expand his or her clientele. ... Many advertising sales agents work more than 40 hours per week, frequently involving irregular hours and work on weekends and holidays.

Explanation:

What are characteristics of economic growth

Answers

First you need what a economic growth is, Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP.Growth is usually calculated in real terms- i.e., inflation-adjusted terms – to eliminate the distorting effect of inflation on the price of goods produced. Measurement of economic growth uses national income accounting. The the charactersticts are that you make alot of money. I hope this helps!!

Final answer:

Economic growth is the increase in the real GDP and is influenced by technology implementation, improvements in human and physical capital, and supportive public policies. It is also affected by population gains and productivity gains, which contribute to short-term demands and long-term sustainable growth, respectively.

Explanation:Characteristics of Economic Growth

Economic growth is defined as the increase in the market value of goods and services produced by an economy over time, typically measured as the percentage rate of increase in the real gross domestic product (GDP). One key aspect of economic growth is the implementation of technology. For example, developing countries may leapfrog over traditional infrastructure and directly adopt cell phone and satellite technologies, making the process more cost-efficient. The components of economic growth include improvements in physical capital, human capital, and technology.

Physical capital refers to tools, equipment, and infrastructure that workers use to produce goods and services. Human capital is the knowledge, skills, and health that people accumulate throughout their lives, which enables them to realize their potential as productive members of society. Technological advances can include major scientific breakthroughs, as well as incremental innovations and improved organizational methods. A supportive market-oriented environment with conducive public policies and institutions also play a critical role in fostering economic growth.

Furthermore, economic growth is influenced by two sources: population gains and productivity gains. An increase in population generally leads to higher demand, which can stimulate more supply and potentially create more jobs, thereby driving up incomes. However, productivity gains are important for achieving long-term, sustainable growth as they lead to improvements in the efficiency of production.

Which of these international trade concepts results in specialization and trade increases in total world output? A: Absolute Advantage, B: Balance of Payments, C: Comparative Advantage, D: International Tarrifs

Answers

Answer:

C: Comparative Advantage,

Explanation:

Comparative advantage is a financial term that alludes to an economy's capacity to create products and services at a lower opportunity cost than that of trading countries. A comparative advantage enables an organization to sell merchandise and ventures at a lower cost than its rivals and acknowledge more grounded sales margins.e.g selling in mass, which lessens the taking care of time and costs included.  

The law or standard of comparative advantage holds that under free trade, a specialist will create a greater amount of and consume less of a good for which they have a comparative advantage. Comparative advantage is the monetary reality portraying the work gains from exchange for people, firms, or countries, which emerge from contrasts in their factor enrichment or innovative advancement.

Emma is babysitting Laura’s children. Emma turns on the stove to make dinner, but a flame shoots out and burns Emma’s hand. Later, Laura realizes she forgot to tell Emma not to turn on the stove.

Which type of insurance is needed?

Answers

Answer:

Homeowners insurance, assuming Laura owns the house.

Explanation:

Homeowners insurance most often is what covers personal injury and liability claims if someone is injured in your house.

Just as a side note, if Laura is renting the home the landlord would need the homeowners insurance, not Laura.

If someone is hurt in your home, personal injury and liability claims are frequently covered by homeowner's insurance. As a side note, the landlord, not Laura, would require homeowners insurance if Laura were to rent the property.

What is insurance?

The best risk management instrument for shielding people and businesses from financial risks brought on by a variety of scenarios is insurance. The cash loss can at least be covered by insurance, but the emotional and psychological loss will never be made up.

Although there are some life-related uncertainties that you cannot eliminate, insurance will undoubtedly assist you shift the associated financial risk. In exchange for the premiums paid by the insured person, the insurance company (the insurer) agrees to pay for financial losses caused by insured eventualities. Insurance is a legal contract between the insurance company (the insurer) and the individual (the insured). Simply put, insurance is a means for transferring risk.

Therefore, we can conclude that Laura needs Homeowner's insurance.

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Yolanda is making her shopping list for the week. She knows that there was a delay in the shipment of grain to her region. What effect will it have on the price?

Answers

Answer:

The price will be higher

Explanation:

Since the grainis coming froma different region, it will be delayed and probably be expired and the producers dont want people to know so they raise the price so people will hurry up and buy it.

Answer:

higher and fallen

Explanation:

Since there aren't as many grains as there should be due to the delay in shipment, the price is likely to increase. Due to the decrease in the stock of the item the price is going to be higher.

my exam is approaching means that only one week is left. so, how can I prepare ?​

Answers

One good method is called FLASH CARDS.

Get some rectangle pieces of paper, then write a question in one side and the answer on the other.

It is best to let someone ask you the questions randomly.

Keep repeating the questions until you master them.

This is actually effective for even less a week (depends).

Hope this helps you in your exam man

Answer:

Que cards / flash cards

Read, cover and write

Use Quizlet ( only if you need to learn terms and definition )

mnemonics

Explanation:

Complete the statement with the correct words. In (A) , people invest money in a company in exchange for the company’s (B) .

A: debt crowdfunding, donation crowdfunding, or equity crowdfunding

B: goods, services, or shares

Answers

Answer:

In Equity crowdfunding people invest money in a company in exchange for the company's Shares

Explanation:

Equity crowdfunding is a way by which a large number of  investors fund a company usually a startup/medium scale company in return of owning a small part of the company i.e shares

What is supply and demand and how does it affect businesses?

Answers

Answer:

Supply is the amount of a product that exists to sell while demand is how much that product is wanted by consumers. High supply and high demand means that there's a potential for a lot of profit, but at the same time, high supply also lessens the need for demand over time. High demand is what you want for max profit, and most companies achieve this by lowering the supply.

Answer:

Supply and demand comprises the fundamental concept on which our global economy stands. Evidence of this comes in the form of every country's money supply policies. Supply and demand remains relevant to every business, from the corner barbershop to the multi-billion dollar petroleum conglomerate. Companies that supply goods and services provide one side of the equation and an individual or another company provide the other side—consumerism.

Explanation:

Imagine that you are a resort manager. A guest wishes to take a yoga class the following morning, but the class is currently full. How would you handle this situation? What are the advantages and disadvantages to your choice?

Answers

When handling an overbooked yoga class as a resort manager, options include creating a waiting list or offering additional classes. Both methods have advantages like improved guest satisfaction but come with disadvantages such as increased costs or disappointment if demand still exceeds availability.

Handling Overbooked Yoga Classes as a Resort Manager

As a resort manager addressing the issue of a full yoga class, one option could be to create a waiting list for the class. This not only shows responsiveness to guest requests but also helps manage expectations. However, the main disadvantage is that guests may be disappointed if they still cannot attend the class. Alternatively, offering additional classes could satisfy demand, but at the cost of increased staffing and potential scheduling conflicts. Assessing the situation, an appropriate response might be to communicate with the guest, understand their preferences, and explore the possibility of arranging another yoga session or similar activity. Always prioritize guest satisfaction within operational limits, and ensure any promises made can be kept.

Advantages of offering additional classes include increased guest satisfaction and potentially higher revenue. However, organizing extra classes may increase operational costs and strain resources. Ensuring that the staff can accommodate changes without compromising service quality for other guests is essential. Resort managers must balance satisfying individual guest needs against maintaining overall resort operations.

A company's growth rate is 4%, and the economy's growth rate is 6%. This is an example of _______ growth.

Answers

Answer: I'm not positive but i think its a "negative" growth.

Explanation:

Definition of supernormal growth: Growth rate of a firm or industry that is higher than that of the economy as a whole.

Karen doesn’t like driving to the local bank branch, but doesn’t think that it is secure to do financial transactions on her phone. What is the best banking option for her?
A.
She should use online banking services and never go to her local bank branch.
B.
She should use online banking and only use her local bank when necessary.
C.
She should use mobile banking to avoid the security risks of online banking.
D.
She should use traditional banking for everyday transactions and questions.

Answers

Answer:

C

Explanation:

sounds best lol  

Answer:

The correct answer would be B, She should use online banking and only use her local bank when necessary.

Explanation:

People usually don't want to drive to their banks for small purposes. They normally want to do little and normal transactions from home. For this purpose, banks now offer online banking facility. People can send money from their online accounts. People can see their bank statements. People can do some other tasks depending on the banks which offer special online services. Banks make sure that this service is fully secured so that people don't be a victim of online theft. Banks asks full security questions and codes before approving you the online access every time you send money online. So it is completely secure to use online banking service and just visit the local bank if necessary.

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How might logarithmic functions relate to earthquakes? How does a catalyst increase the rate of a reaction?A) It decreases the enthalpy change of the reaction.B) It lowers the potential energy of the reactants.C) It provides a lower activation energy for the reaction.D) It raises the potential energy of the products. the product of x and the sum of 6 and 8 times the square of x Find the height of a triangle with an area (a) of 35 square inches and base (b) of 7 inches. Use the formula for the area of a triangle, a= 1/2bh Which Egyptian pharaoh established a monotheistic religion in Egypt and was believed to be the father of King Tutankhamun?HatshepsutAmenhotep IVRamsesDjoser Which of the following are NOT usually capitalized? I dont get it??ITT SAYYS fill in the blanks using AM,IS,ARE,AM NOT,ISNT ,ARENT Isabel received 4/7 of the 210 votes for cast for class treasurer. How many votes did she receive? Write your answer in simplest form MARKING BRAINLIEST IF YOU ANSWER THIS!One way in which playwrights develop characters is through dialogue. Define dialogue. Then choose Alice or Humpty Dumpty from Alice in Wonderland. Analyze how the character is developed through dialogue. Describe the character and explain at least two pieces of dialogue that support your description. Which quantity is proportional to 183? Check all that are true. 9016 366 7212 61 3612 What was the authors purpose of writing the Avignon Papacy? How can you tell? Evaluate the function below for x = 2.f (x) = 4x^3 - x^2 - 5x+7 What were the major differences between Protestantism and humanism is obscenitity protected by the first amendment cameo portraits were usually a. carved from marble b. done in profile c. used for sealing letters d. done in one color The top of an antenna tower is 125 ft. above level ground. The tower is to be guyed 20 ft. from its top to a point on the ground 80 ft. from the base of the tower What is the length of the guy wire? Which word best describe personality Write the equation in standard form for the circle with radius 8 centered at the origin. SOMEONE PLEASE JUST ANSWER THIS FOR BRAINLIEST!!! a segment has endpoints at (1, -2) The midpoint is at (-4, -2). What are the cooordinates of the other endpoint?