Anything that serves as a medium of exchange is called what? 2. What is anything that is used to determine value during the exchange of goods and services called? 3. What is the direct exchange of one good for another called? 4. When money serves as a means of comparing the value of goods and services, it is serving as what? 5. When money keeps its value when you decide to hold on to it, what is that called? 6. List the three uses of money. 7. What are the coins and paper bills used as money called? 8. What does it mean when it is said that money is durable? 9. What does it mean when it is said that money has portability? 10. What does it mean when it is said that money has divisibility? 11. What does it mean when it says money has uniformity? 12. What does it mean when it says money has limited supply? 13. What does it mean when it says money has acceptability? 14. What is commodity money? 15. What is representative money? 16. What is fiat money? 17. What were Continentals? 18. What is fiat money also called? 19. What does "not worth a Continental" men? 20. List three types of commodity money?

Answers

Answer 1
Answer:

Answer:

money

money

price

unit of account

store of value

medium of exchange, unit of account, store of value

currency

it does not consume after a single-use it last through time

portability: it can be carry over at small cost it do not has to be carry in greater bulks

divisibility: it can be split into pieces (half a pound, quarter etc)

uniformity: means a pound of gold has not diffenciation of other pounds of gold

limited supply: it cannot be abundant as people would not accept as a medium of exchange as it can be obtained easily

acceptability: people trade real good and services for money as they recognize value on them

commodity money will be salt, gold, silver, tabacco whihc, historically has been used as money

representative money: the money represent or it is backed-up with a commodity or precious metal (US dollar before 1972)

fiat money will be papper money as it doesn't have an intrinsic value It comes from trust in the government that issues the money.

continentals is the papper money issued by the congress during the war for independence

Types of commodity money:  gold, silver, tabacco, salt

Explanation:


Related Questions

Adeeb is part of a group of students who are working with a bakery to collect marketing research. The bakery wants to determine whether a new type of pastry would be successful. Adeeb's group decides to conduct a taste test and then have respondents fill out a survey about their thoughts. Questions would include whether they liked or disliked the pastry, what they liked or disliked about it, and whether they would purchase it at certain price points.
By using sound waves, _______ signals allow oceanographers to determine ocean depth.
Why are closing costs a one time fee?a. Payment of closing costs is required because it is a sign to the lending institution that the investor has every intention of making payments on time. b. If closing costs were paid over time, they would most likely be forgotten and never paid off. c. Most home buyers pay for their houses in full, and consequently pay for the closing costs in full as well. d. The closing costs cover titles, taxes, and realtor costs. After closing, the only monetary obligation is to the lending party.
Summit Builders has a market​ debt-equity ratio of 0.65 and a corporate tax rate of 40 %​, and it pays 7 % interest on its debt. The interest tax shield from its debt lowers​ Summit's WACC by what​ amount?
Which of the following entries or sets of entries would record sales for the month of july of $200,000 for goods costing $119,000 for?

One of the four primary functions of management is: controlling. marketing. financing. designing.

Answers

The answer would be : Controlling

Here are the 4 primary functions of management :
- Planning (such as making strategies for a long term goal)
-  Organizing ( to make sure that the company's on track to achieve it goal)
- Leading ( making decisions for the company)
- Controlling ( Assigning all your resources in order to maximize its potential)

Which of the following is NOT an internal factor of decision making?a. ethics
b. emotions
c. peer pressure
d. attitude

Answers

Internal means inner or personal. Not internal means external or outside. With this in mind, Choice C. Peer pressure is NOT an internal factor of decision making. Peer pressure is an external factor. It is created by the people surrounding you. Internal factors in decision making includes your ethics, your emotions, and your attitude.

The correct option is (c).

Peer pressure is not an internal factor of decision making.

Further Explanation:

The internal factor of decision making:

The internal factors of decision making are ethics, emotions, and attitude.

Justification for the correct and incorrect answer:

a.  

ethics: This option is incorrect.

While taking any decision, ethics are considered as it is crucial, and ethics and values must be considered while making any decision regarding anything.

b.  

emotions: This option is incorrect.

While decision making, it is an essential internal factor to consider emotions.

c.  

peer pressure: This option is correct.

Peer pressure is not an internal factor of decision making. Therefore, this option is correct.

d.  

attitude: This option is incorrect.

Attitude affects the decision-making process, and it is an essential internal factor of decision making.  

Therefore, peer pressure is not an internal factor in decision making.

Learn More:

1. Decision making  

brainly.com/question/6618895

2.Maslow theory of motivation

brainly.com/question/6830385

3.Motivation effect from money

brainly.com/question/10539732

Answer Details:

Grade: High school

Chapter: Decision making

Subject: Business studies

Keywords:

Which of the following is not an internal factor of decision making, ethics, emotions, peer pressure, attitude, peer pressure is not an internal factor of the decision making, therefore, this option is correct, while taking any decision, ethics are considered as it is crucial, and ethics and values must be considered while making any decision regarding anything, while decision making, it is an essential internal factor to consider the emotions, attitude affects the decision-making process and it is a crucial internal factor of decision making.

IWhich of the following will affect the size of your monthly mortgage payment?

Answers

The following will affect the size of your monthly mortgage payment: Loan Size, Interest Rate, Loan Term, Taxes and Insurance. I hope this helps you answer your question. Take care and you're welcome!

Correct answer choices are:

Size of down payment

Length of mortgage

Purchase price

____________________________________________________________

Explanation:

For anyone seeking to finance a home, the volume of your average lease return is a fundamental concern. The value of your monthly mortgage will change your estimates for the period of your mortgage cycle, which may extend decades into the eternity. While each circumstance is distinct, these three circumstances will play a fundamental purpose in restricting the volume of your average debt installment.

1. The extended the duration of your debt, the lower the average cyclical return.

2. A framed rate never varies, any undertaking how much the demand varies over the course of your mortgage. Changeable rates are influenced by fluctuations in the exchange and will vary.

3. The greater the dimension of your down payment, the lower your average debt adjustment will be.

Under normal circumstances, a debtor should file for bankruptcya. only as a last resort.
b. as soon as he or she is past due on one or two bills.
c. only if he or she is a business owner.
d. if the debtor is not a municipality.

Answers

The answer is A.


Hope it helps

Top research:Double taxation, methods and" reasons for tax evasion
and to "combat tax evasion
Not less than 5 pages

Answers

Double taxation is a term that refers to imposition of two or more taxes on the same income, asset, or financial transaction. Methods and reasons for tax evasion: including underreporting income, overstating deductions, hiding assets, failing to file a tax return, and using offshore accounts.

The main reasons for tax evasion are to reduce the amount of taxes owed and to avoid legal penalties, such as fines and imprisonment. Tax evasion can also be used as a form of protest against perceived unfairness in the tax system.

Combatting tax evasion : There are several ways to combat tax evasion, including increasing penalties and enforcement efforts. Addressing the issue of tax havens is therefore a key part of efforts to combat tax evasion.

Know more about Double taxation here:

brainly.com/question/26608215

#SPJ11

Yuri wants to pay for his new chair using a check. What must he consider before using that method of payment? Yuri must check his credit history. Yuri must know the interest rate on a furniture loan. Yuri must be sure he has enough left in his checking account for any expenses and automatic payments. Yuri must check his credit card balance.

Answers

There are different ways to make payment. What he must consider  is that Yuri must be sure he has enough left in his checking account for any expenses and automatic payments.

What is checking account?

A checking account is known to be a  type of bank account that allows a person to make deposit and withdrawal of their  money for daily transactions very easy.

This also include when one deposit a check that one receive, taking out cash from the account with your debit card and others. He must make sure he has enough left in his checking account before ordering.

Learn more about  automatic payments from

brainly.com/question/2933232

Answer:

C. Yuri must be sure he has enough left in his checking account for any expenses and automatic payments.

Explanation: