Ask Question
BusinessBusiness
23 February, 07:53

Money A. facilitates specialization in production. B. is anything that is regularly used and generally accepted in economic transactions or exchanges. C. is anything the government declares to have value. D. is necessary to conduct economic transactions.

+2
Answers (1)
  1. 23 February, 11:08
    0
    The correct answer is B

    Explanation:

    Money is the term which is defined or described as any good which is used widely as well as accepted in the transactions comprising the transfer of goods as well as services from oner person to another.

    The money could be differentiated among three kinds which are as: bank, commodity money and fiat money.

    So, the money is states as anything which is used regularly as well as accepted generally in the economic exchanges or transactions.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Money A. facilitates specialization in production. B. is anything that is regularly used and generally accepted in economic transactions or ...” 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
EA1. LO 7.2Blue Book printing is budgeting sales of 25,000 units and already has 5,000 in beginning inventory. How many units must be produced to also meet the 7,000 units required in ending inventory?
Answers (1)
Flynn Company's monthly bank statement showed the ending balance of cash of $22,750. The bank reconciliation for the period showed an adjustment for a deposit in transit of $2,300, outstanding checks of $3,250, a NSF check of $870, bank service
Answers (1)
In the aggregate expenditures model of the economy, a downward shift in aggregate expenditures can be caused by a: A. Decrease in government spending or an increase in taxes B. Decrease in taxes or an increase in government spending C.
Answers (1)
Which of the following would shift the supply of Green Bay Packers football jerseys to the left? a. The Green Bay Packers make it to the Super Bowl. b. The price of the jerseys increases by $15. c.
Answers (1)
Sonya makes it a practice to consult with her staff before making major decisions that affect the department. She believes it is important to consider their concerns and process their inputs.
Answers (1)
New Questions in Business
The best way for an employer to find out if a potential employee can do a job is by
Answers (1)
Tiffany is an architect for the building of a large office complex downtown. Frequently a group of steel workers whistle at her as she climbs a ladder or interacts with staff. The men's actions create a hostile work environment. a) true b) false
Answers (1)
Monica heard that as a general rule, she should spend no more than one week's pay on rent. If Monica's salary is $42,068 per year, what is the maximum amount per month that she should spend on rent?
Answers (1)
Which of the following statements regarding a firm's optimal capital structure are true? Check all that apply. The optimal capital structure maximizes the firm's stock price. The optimal capital structure minimizes the firm's WACC.
Answers (1)
Briefly describe how people's success and self confidence are related.
Answers (2)
Home » Business » Money A. facilitates specialization in production. B. is anything that is regularly used and generally accepted in economic transactions or exchanges. C. is anything the government declares to have value. D.
Sign Up Forgot Password?