Nafisa buried money in her garden to use in an emergency. State, which of the three functions of money is described here? a) Medium of exchange b) Bartering c) Unit of Account d) Store of value
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Q: 3) Nafisa buried money in her garden to use in an emergency. State, which of the three functions of…
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Q: Elaborate on the TWO (2) main components of money based on the narrowest definition of money.
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Q: elaborate 2 main components of money based on the narrowest definition of money
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- Please answer. Thank yiuPlease help me with homework, thanksWhen you open a savings account, you and your joint account holder will need these fouritems. Put a checkmark next to or highlight, in the image below, the items you knowyou/your parent/guardian already have and circle any items you would need to work onobtaining
- If Tiffany redeemed a bond that earned 5% interest over the past 10 years, which function of money was BEST represented in this scenario? A. medium of exchange B. store of value C. standard of value D. unit of accountSustaining members of public radio stations, such as WRKF in Baton Rouge and WWNO in New Orleans, make fixed monthly monetary donations to support the programming on those stations. These charitable donations are an example of which of the following functions of money? Select one: A. Unit of account. B. Standard of value. C. Medium of exchange. D. Means of unilateral payment. E. Standard of deferred payment.Explain in detail 'coupon payment' with an example.
- Match the columns Protection of your money A. If this is not done, control over finances can be lost and legal issues may arise – such as problems with the South African Revenue Service, non-payment of accounts, etc. Banking is convenient B. A bank provides the owner with documentation which shows all monies received and paid out by the business. This is called a ‘bank statement’ and provides the owner with a concise transaction by transaction outline of monies going into and out of the bank account. Finance becomes readily available C. You may remember the days when your parents stood in long queues paying off telephone, electricity, clothing and other utility accounts. Those days are long gone. Nowadays you can just send a cheque by post, or even better – pay all these beneficiaries with the click of a button over the internet or via your cellular phone. More efficient business practices D. Money in a safe is ‘dead’ money, because it cannot earn interest for…Money is any asset that is generally accepted as payment for goods, services, wages, and other payments to inputs. This function of money is called O unit of account. O store of value O standard of deferred payment. O medium of exchange.iv. The U.S. already has several ways to make digital transactions, for example, credit/debit cards, Venmo, Zelle, PayPal, and so on. How would a digital currency increase efficiency?
- Checks are: a. Not a means of payment b. Not money c. Not a promise of any kind d. Not acceptable by the U.S. Government for payment of taxesCan you please help me with my homework, thank you in advance!Hello, I awe your answers for following my request. And your answers are very detailed and understandable. I just want to ask for you a request to answer the letters a, b, & c, in the given photo I've attached above. I'm looking forward for your urgent response. Please type only the answers as what you did, do not handwritten it. Note: Remove dollars sign in your as there's no money sign included in the given situation. Thank you and have a great day!