Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 19, 2024

What does it mean to be a unit of account? A . Any item that can be traded for another item. B . It serves

What does it mean to be a unit of account?

.

Any item that can be traded for another item.

.

It serves as a valid currency.

.

Any item that maintains its worth over time.

.

The item is divisible and each unit is worth the same.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Dividend Stocks For Dummies

Authors: Lawrence Carrel

1st Edition

0470466014, 978-0470466018

More Books

Students also viewed these Finance questions

Question

★★★★★

On October 30, 2010, the Sanchez Company acquired a piece of machinery and signed a 12-month note for $24,000. The face value of the note includes the price of the machinery and interest. The note is...

Answered: 1 week ago

Question

★★★★★

A study published in Applied Psycholinguistics (June 1998) compared the language skills of young children (1630 months old) from low-income and middle-income families. A total of 260 children65 in...

Answered: 1 week ago

Question

★★★★★

What are second messengers, and which type of synapse relies on them?

Answered: 1 week ago

Question

★★★★★

Decorative Steel began August with 55 units of iron inventory that cost $ 35 each. During August, the company completed the following inventory transactions: Requirements 1. Prepare a perpetual...

Answered: 1 week ago

Question

★★★★★

What does it mean to be a unit of account? A . Any item that can be traded for another item. B . It serves as a valid currency. C . Any item that maintains its worth over time. D . The item is...

Answered: 1 week ago

Question

★★★★★

Consider the following US treasury rate table expressed in percentage. Maturity t Yield R(0,t) Yesterday Last Week Last Month 6 Month 2.65 2.35 1.85 1.55 1 Year 2.75 2.70 2.20 1.90 2 Year 3.00 2.90...

Answered: 1 week ago

Question

★★★★★

1 . Why do US soft drink bottlers use relatively more corn syrup than bottlers elsewhere in the world? 2 . Draw a US Coke bottler s demand for corn syrup. ( Hint: You are free to assume any data...

Answered: 1 week ago

Question

★★★★★

Assume stock ABC has a Sharpe ratio of 0.8. Let's say there is a portfolio with 50% weight in stock ABC and 50% weight in risk-free asset, what is the portfolio's Sharpe ratio based on this...

Answered: 1 week ago

Question

★★★★★

The windshield wipers on a car have not been working properly. The probability that the car needs a new motor is 0.5, the probability that the car needs a new switch is 0.35, and the probability that...

Answered: 1 week ago

Question

★★★★★

Find y'. y= |x + X (x) (x) X 1 02x+ 2x 1 O 2x + 1/3 Ex 2x +

Answered: 1 week ago

Question

★★★★★

Suppose we used a crossover design to test for differences in bruising from subcutaneous sodium heparin injections at three sites in a sample of 15 patients. Surface area of bruises (measured in mm2)...

Answered: 1 week ago

Question

★★★★★

Compare the different types of employee separation actions.

Answered: 1 week ago

Question

★★★★★

Assess alternative dispute resolution methods.

Answered: 1 week ago

Question

★★★★★

Distinguish between intrinsic and extrinsic rewards.

Answered: 1 week ago

Previous Question Next Question