Business

Combs

4 January, 17:17

The essential problem that money solves in an economy is: a. a lack of a double coincidence of wants in an economy based on barter. b. it serves as a common acceptable medium of exchange for trade. c. it is backed by a gold standard that protects against inflation over the long-term. d. both A and B.

+5

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “The essential problem that money solves in an economy is: a. a lack of a double coincidence of wants in an economy based on barter. b. it ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

In an experiment, children see a doll named sally leave her ball in a red cupboard and go away. they then observe another doll, anne, move the ball to a different location.

Question 9 of 25 : What does unity of command mean?

Allowance for Doubtful Accounts has a credit balance of $1,300 at the end of the year (before adjustment). The company prepares an analysis of customers' accounts to estimate the amount of uncollectible accounts of $41,900.

How would you explain sales of a particular menu item dropping off to nothing this month when sales for that item were at the highest they have ever been last month?

Based on the following information, determine the amount of equipment on the balance sheet. Total liabilities and owner's equity equals $11.

New Questions in Business

Complete the recursive formula of the geometric sequence 500, 200, 80, 32 ...

Why would an advertiser use a mixed-media approach? It is less expensive than a homogeneous media mix It gives more exposure than a heterogeneous media plan It is easier to schedule than any other type of media mix It produces an effect where the

Select the answer that best decribes what an opportunity cost is

Suppose the U. S. government encouraged consumers to trade in their old automobiles for more efficient, new models by paying up to $5,000 for the old automobiles.

What are the principal accounting reports involved in the financial reporting process? in general terms, what is the purpose of these reports?