Business

Lillie Buchanan

4 May, 03:15

Which of the following is a quality of a money system of exchange?

A.

credit is earned and then people can use that credit to make purchases

B.

uses coins or other currency chosen by the government

C.

people borrow something from each other and promise to pay it back

D.

involves trading goods or services that are of equal value

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “Which of the following is a quality of a money system of exchange? A. credit is earned and then people can use that credit to make ...” 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

Although a major advantage of the corporate form of entity is the liability protection for its principals, there are some cases where a court will disregard the corporate entity and allow a creditor or judgment holder to reach through the

A university dean is interested in determining the proportion of students who receive some sort of financial aid.

A monopoly is a market for a good or service that

The corporation Mandy's Muffins makes a profit in 2015. The managers of Mandy's Muffins decide to distribute the profits to the corporation's shareholders in proportion to the number of shares held.

A company purchased a tractor at a cost of $36,000 and sold it three years later for $18,000. The company recorded depreciation using the straight-line method, a five-year service life, and a $2,000 residual value.

New Questions in Business

Richard hires Paul to paint his kitchen in two eight-hour days of work for $500. At the end of the first day, the kitchen is 85 percent complete. Richard asks Paul to stay late and finish.

A manager demonstrates when he listens carefully to his subordinates and works to build trusting relationships.

On March 1, 2017, Boyd Company acquired real estate, on which it planned to construct a small office building, by paying $80,000 in cash.

A. Assume that the risk-free rate is 8 percent, the required rate of return on the market (or an average-risk stock) is 13 percent, and the required rate of return on Acme Healthcare stock is 15 percent.

taxes: a. are unlikely to affect market supply and demand b. are copmulsory payments to governments c. never affect efficiency in the allocation of resourcesd. are voluntary payments to governments