Money is

a. valuable because it is backed by gold.

b. whatever is generally accepted in exchange for goods and services.

c. anything that is a liability of a commercial bank

d. an object to be consumed.

Why do technological monopolies only last for a short period of time?

The successful conveyance of real estate depends on a well-formed contract for sale since the contract dictates the rights and type of deed involved, as well as choreographs the entire transaction.

2. A depositor puts $25,000 in a saving account that pays 5% interest, compounded semiannually. Equal annual withdrawals are to be made from the account, beginning one year from now and continuing forever. What is the maximum annual withdrawal.

Which of the following statements about personal selling is correct? A. Salespeople are often the only direct contact with a customer. B. The role of personal selling is very consistent from company to company. C.

A person who routinely buys goods in good faith from a person who routinely sells such goods.

Potential real gdp = $200 billion natural rate of unemployment = 6 percent actual rate of unemployment = 12 percent refer to the accompanying data, which is for a specific year in a hypothetical economy for which okun's law is applicable.

Assume that a $1,000 bond issued in 2015 pays $100 in interest each year. What is the current yield on the bond if it can be purchased for $1,200? Enter your answer in percent form and to one decimal place. For example, if your answer is 0.034 (3.

Flex Co. just paid total dividends of $975,000 and reported additions to retained earnings of $2,925,000. The company has 675,000 shares of stock outstanding and a benchmark PE of 16.9 times. What stock price would you consider appropriate?

Improving performance and striving for a better career is an example of ...

When dvds and hamburgers were the same price, mavis consumed 3 hamburgers and 5 dvds, and mavis received 10 utils from the last hamburger and 15 utils from the last dvd consumed.