This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The statement that Computech's profits totaled 500 million last year represents the use of money as ... (Read 81 times)

rlane42

  • Hero Member
  • *****
  • Posts: 594
on: Jun 30, 2018
The statement that Computech's profits totaled 500 million last year represents the use of money as a:
 a. medium of exchange.
  b. store of value.
  c. unit of account.
  d. means of coincidence.

Question 2

Under a fixed exchange rate system, a government is at risk of running out of foreign currency reserves when the country's imports exceed its exports.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Fayaz00962

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


rlane42

  • Member
  • Posts: 594
Reply 2 on: Jun 30, 2018
Excellent

AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Muskox populations remain in the Arctic all year, though they migrate to higher elevations in the wi Muskox populations remain in the Arctic all year, though they migrate to higher elevations in the wi
A mound of buffalo skulls. In 1870 an estimated 30 million buffalo roamed the plains; by 1900 there A mound of buffalo skulls. In 1870 an estimated 30 million buffalo roamed the plains; by 1900 there
Sample budget spreadsheet form for first year of business. Sample budget spreadsheet form for first year of business.
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Earth 340 Million Years Ago Earth 340 Million Years Ago
Chinese Dragon new year 2024 Chinese Dragon new year 2024
Video: Neuron Type Animation

For a complete list of videos, visit our video library