What makes barter incapable of doing credit payments? O a. Coincidence of wants O b. Common unit of measure O c. Impossibility of future payments O d. Difficulty in storing

Q: The characteristic of money as a store of value implies: a. Money will remain valuable from one day…

A: There are four functions of money: medium of exchange,  store of value, standard of deferred…

Q: Which among the following statements is not true about Savings bank deposits? O I t is meant for…

A: A saving account is a account held by a customer at a bank or finnacial institution that pays a…

Q: If you expect the economy is going to boom and average income in the will rise in the foreseeable…

A: In a market, a producer has choices to make a production of different types of products, such that…

Q: Corry has an income of $80,000 that he is willing to spend over a year. If his bank account's…

A: This is a problem of Transaction theories of money demand, that has been solved using the Baumol…

Q: Identify a difference between fiat currencies and cryptocurrencies. O Unlike cryptocurrencies, fiat…

A: In order to exchange it for goods and services, currency must be something that is commonly…

Q: What is a major disadvantage of using barter instead of money? Wnite a few sentences to explain

A: Barter System: When goods are directly traded for the other goods and there is no involvement of…

Q: The functions of money are credit cards, checking accounts, currency, and coins. O medium of…

A: Prices are considered to be flexible in the classical economy

Q: Question 2 If you have a credit card limit of $1,000, you should never carry a balance of more than…

A: A credit card is a slim rectangular piece of plastic or metal given by monetary foundations, which…

Q: The use of money is more efficient than barter because the introduction of moneyTop of Form reduces…

A: Money is a resource or asset that is accepted and used as an exchange medium to buy commodities and…

Q: 9.) Havel signed a listing agreement with a real estate agent. The commission rate is 4% on the…

A: Answer: Given, Commission rate on the first $200,000 of the selling price = 4% Commission rate on…

Q: A special subsidiary of a U.S. bank that is engaged in international banking is called Seleccione…

A: Banking is the process of issuing various financial services to people. When such banking services…

Q: Main difficulties due to the barter system was failed ?

A: Definition Money did not exist in man's early history. Since each family was self-sufficient, there…

Q: The table below shows hypothectical figures of revenue and spending for the Canadian government. For…

A: Net tax revenue will be calculated as tax revenue minus transfer payments. The transfer payments…

Q: What is barter system in an economy and what are its drawback!

A: According to the given question Actually before the evolution of given money goods were actually…

Q: Which of the following statements is true? O The necessary condition required for money to function…

A: Money is defined as anything that is widely accepted as a medium of exchange, a measure of value, a…

Q: hey i was doing my homework and i couldnt figure out this one. please help

A: The average total cost is equated at an equal average fixed cost in addition to the average variable…

Q: Dollar bills, rare paintings, and emerald necklaces are all

A: All the features of money will not present in other valuable items.

Q: ariswer the following questions: The monopoly will produce units and charge a price of $ (Enter your…

A: A monopoly firm produces at the intersection of MR and MC curves to maximize profit.  Economic…

Q: Money overcomes the problem of a double coincidence of wants inherent in the barter system through…

A: In an economy, money plays significant role to make an exchange to be effective and efficient.

Q: When money serves as a unit of account, this means that money acts as... Select the correct answer…

A: Money is a form of asset that individuals in an economy use to buy goods and services.Money acts as…

Q: Money is any asset that is generally accepted as payment for goods, services, wages, and other…

A:

Q: All of the following are examples of savings vehicles EXCEPT Savings account Money Market Account…

A: Individuals receive income for various services provided by them in the production of goods and…

Q: barter – the trade of foods for goods- is booming. according to the us department of commerce,…

A: The barter system is a system or way to buy and sell goods and services, It is one of the oldest…

Q: When you open a savings account, you and your joint account holder will need these four items. Put a…

A: A bank account is an important arrangement made by a bank to let the depositor deposit their money…

Q: iv. The U.S. already has several ways to make digital transactions, for example, credit/debit cards,…

A: Digital currency refers to a type of currency that exists solely in digital or electronic form,…

Q: c. The equilibrium interest rate is determined where the interest rate is equal to O the amount of…

A: In a market for loanable funds, interest rate act as the price as it is the rate at which lender and…

Q: . Three goods are produced in an economy by three individuals:Good ProducerApples Orchard…

A: There are three producers produce goods individually: Apples -Orchard owner Bananas -Banana grower…

Q: If your grandmother gives you a $20 bill and you deposit that into your and M2 Money. checking…

A: M1 money supply includes all the monetary instruments that are readily available to use as a medium…

Q: The value of money depends on which of the following factors? O a. The durability of the bills O b.…

A: Answer to the question is as follows:

Q: In a barter system, we would see Select one: O a. many different units of money. O b. wide-spread…

A: Barter system can be defined as a system of trade and exchange in which people use goods and…

Q: An issuing bank is responsible for: O a. preparing a bill of lading b. making freight arrangements O…

A: In the banking sector, banks are now perform many more activities than accepting deposits and…