What are the six characteristics of money? explain how the u.s. dollar has those six characteristics?
Money refers to any acceptable medium of exchange used in settling of debt and fund transactions.
Some characteristics of general money includes:
Durability: Money must e able to withstand physical, tear, pressure. Portability: People need to be able to take money with them as they go about their business Divisibility: Money must be easily divided into into smaller denominations or units of value. Uniformity: Money must be uniform.Limited supply: Money must be available only in limited quantities Acceptability: It must be acceptable for exchange of goods and servicesHence, the U.S. dollar has the characteristics explained above
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The price index was 136 in one year and 142 in the next year. what was the inflation rate between the two years?
The inflation rate is calculated by finding the difference between two price index values, dividing by the initial value, and multiplying by 100. In this case, the inflation rate between the two years was 4.41%.
Explanation:The inflation rate is calculated by taking the difference between the two price index values, dividing that by the price index at the beginning period, and then multiplying by 100 to make it in percentage terms. So for this problem, the calculation would be:
Calculate the difference between the two price indexes: 142 - 136 = 6 Divide this difference by the first year's price index: 6 / 136 = 0.0441 Multiply by 100 to represent as a percentage: 0.0441 x 100 = 4.41%
So, the inflation rate between the two years was 4.41%.
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The inflation rate between the two years is approximately 4.41%, calculated as the change in the Consumer Price Index (CPI).
Inflation Rate = ((CPI in Year 2 - CPI in Year 1) / CPI in Year 1) x 100
In this case:
CPI in Year 1 = 136
CPI in Year 2 = 142
Now, plug these values into the formula:
Inflation Rate = ((142 - 136) / 136) x 100
Inflation Rate = (6 / 136) x 100
Inflation Rate ≈ 4.41%
So, the inflation rate between the two years is approximately 4.41%.
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The cost incurred by a firm through the foregone earnings on capital invested is a(n):
In 1964, republican party presidential nominee ________ was in favor of less taxation and less government regulation of the economy-two ideas that became major themes for the modern republican party.
Ou spend days wandering aimlessly around a park with many different paths that end at different parts of the park. one day when you arrive at the park, you get a call on your cell phone from your cousin whom you haven't seen for years, and she says she is waiting for you in a particular section of the park. even though the paths are complicated and twisted, you manage to find the shortest route to your cousin. tolman would explain your efficient passage through the park as an example of ________.
Find the sales tax on a purchase of $26.99 if the tax rate is 6 1/2%.
The sales tax on a purchase of $26.99 if the tax rate is 6 1/2% will be $1.76.
A sales tax is a fee that is paid to the government when specified goods are sold. Typically, laws permit the vendor to charge the customer the tax at the time of purchase. Use taxes are typically used to describe sales taxes that consumers pay directly to a ruling body.
When a company has some sort of link to the area, it is their job to pay property taxes and send payments to the government.
The information that was provided regarding the tax was:
The purchase price will be $26.99
The rate of the tax that is charged is 6 1/2% = 23/2%
The amount that the tax is adopted was with the amount of $26.99
= amount * rate
= $26.99 * 23/2%
= $1.76
$1.76 will be the amount of the tax.
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Sam’s favorite recipe for fruit punch requires 12% apple juice. how much pure apple juice should he add to 2 gallons of punch that already contains 8% apple juice to meet his standards?
Sam need to add 4% more apple juice to 2 gallons of punch that already contains 8% apple juice to meet his standards.
What is percentage?A percentage is a number or ratio expressed as a fraction of 100 in mathematics. The percent sign, "%," is commonly used, but the abbreviations "pct." and sometimes "pc" are also used. A percentage is a number with no dimensions. It has no unit of measurement.
Sam’s favorite recipe for fruit punch requires 12% apple juice.
The percentage of pure apple juice should be added to 2 gallons of punch that already contains 8% apple juice to meet his standards is calculated as :-
Total percentage of fruit punch = 12%
Percentage already present in fruit punch = 8%
The percentage of pure apple juice should be added = 12%- 8% = 4%
Therefore, 4% pure apple juice should be added to 2 gallons of punch that already contains 8% apple juice to meet the standards.
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Final answer:
To achieve a 12% apple juice concentration in a 2-gallon punch that already contains 8% apple juice, Sam needs to add 0.5 gallons of pure apple juice.
Explanation:
Sam wishes to adjust his punch recipe to achieve a mixture that contains 12% apple juice. To solve this, let's consider the quantities involved: 2 gallons of punch already contain 8% apple juice. The question is how much pure apple juice (100% concentration) should be added to this mixture to reach the desired 12% apple juice concentration.
Let x represent the amount of pure apple juice to be added. The total volume of the new mixture will be 2 gallons + x gallons. In the original 2 gallons, the amount of apple juice is 0.08 * 2 gallons (since 8% of 2 gallons is apple juice). Adding x gallons of apple juice to this, we want the final mixture to have 12% apple juice, or 0.12(2 + x).
Setting up the equation, we have:
0.08*2 + x = 0.12(2+x)
Solving this equation for x gives us the amount of pure apple juice required to meet Sam's desired concentration. By distributing and rearranging terms, the equation simplifies to:
x = 0.04(2)/0.08 = 0.5 gallons. Therefore, Sam needs to add 0.5 gallons of pure apple juice to reach a 12% concentration in his 2-gallon punch mixture.
A washer and a dryer cost $739 combined. the washer costs $39 more than the dryer. what is the cost of the dryer?
Select all that apply. ____ is an example of a postsecondary degree.
Master’s
Bachelor’s
Associate’s
Specialist
According to research (conti, 2011), police performance is shaped by the people that the department recruits and their _____.
Worldcom cooked its books by ________. the net effect of this was to make a huge loss look like a sizable profit.
A quantitative measure of a recruitment process outsourcing firm is _____.
A recruitment process outsourcing firm can be quantitatively measured by analyzing metrics like annual salaries or hourly wages, the number of workers, hours worked, and employee hiring and retention efficiency.
Explanation:A quantitative measure of a recruitment process outsourcing firm can be observed through various different metrics. One commonly-used metric is the analysis of labor markets through measuring the price by the annual salary or hourly wage received by workers. Additionally, the quantity of labor can be measured by the number of workers or the hours worked by these workers. Furthermore, these firms can also be evaluated on how well they perform in terms of retaining employees and implementing effective hiring practices that result in a minimal number of firings and a maximal number of hirings relative to the organization's size.
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The decline of newspapers raises concerns because in comparison to television news, newspapers tend to contain more
Purchasing the right to use a company's trademark and copyrighted materials is known as _________
Bradley is sitting on his porch enjoying his very large front yard and drinking a lemonade when chris, a kid from down the street, shows up and starts mowing bradley's yard. bradley waves and smiles. chris is mowing the lawn for money, but bradley doesn't know it (and shouldn't know it because their two families often do nice things for each other without pay). chris may be able to recover money from the courts on the basis of:
Several marketing data services provide information on household demographics and lifestyle, purchases, tv viewing behavior, etc. the principle advantage of these services is that
Bram buys a bulldozer from construction equipment corporation, which he leases to earth movers, inc. in this situation, the lessee is
How to calculate net income from retained earnings and dividends?
Final answer:
Net income is calculated by starting with the beginning retained earnings balance, adding the current period's net income, and subtracting any dividends paid. If given the retained earnings' beginning and ending balances and the dividends paid, net income can be found by rearranging the formula: Net Income = Ending Retained Earnings - Beginning Retained Earnings + Dividends.
Explanation:
To calculate net income from retained earnings and dividends, a basic understanding of the relationship between these elements is required. Retained earnings are the portion of a company's profits that are not distributed as dividends to shareholders and are kept by the company to reinvest in its business or to pay off debt.
Here's a simplified formula to calculate net income:
Start with the beginning retained earnings balance, which can be found on the balance sheet.Add the current period's net income to the beginning retained earnings.Subtract any dividends paid out to shareholders from this sum.The result will give you the ending balance of retained earnings for the current period. If you are given the retained earnings' beginning and ending balances and the dividends paid during the period, you can rearrange the formula to solve for the net income:
Net Income = Ending Retained Earnings - Beginning Retained Earnings + DividendsIt's important to note that this calculation assumes all dividends declared were paid during the period, and it does not account for any potential adjustments to retained earnings from other comprehensive income or error corrections from previous periods.
Naomi, Macy, and Sebastian have 234 stamps in all. Naomi gives 16 stamps to Macy and 24 stamps to Sebastian. Naomi then has three times as many stamps as Macy, and Macy has twice as many stamps as sebastian. How many stamps does Naomi have at first?
Ugo's promotion to regional manager at sears with a higher salary and more prestige is an example of what type of vertical social mobility?
Games like "dungeons and dragons," which involve active use of the imagination, have been popular among adolescents for some time. the game could not have risen to its high level of popularity if teenagers were not capable of ________.
The demand for a good is inelastic with respect to price if the price elasticity of demand is:
Describe a time you had to leverage available resources to solve a problem.
What is the most accurate method for preventing adverse effects associated with the use of digoxin?
Ms. tremain works in an office complex adjacent to the travelers inn and joined the inn's health club. membership entitles her to use the fitness facilities during her lunch hour and use a guestroom to change and shower. her account at the front desk would be classified as a(n) _______________ folio.
In what ways did the church gained economic power during the middle ages
The church gained economic power during the middle ages because of the following;
- Innovations that develop and had took place
- There was a presence of hierarchy in the organization
- The pope gained supreme power gaining power to the church
You're responsible for managing your company's social media accounts. your colleague tells you about how a lot of businesses are using pinterest to promote content. your company doesn't have a pinterest account yet, so he encourages you to create one. how would you respond?
No country on the globe is so happily situated... which document is this excerpt referring to
Answer:logos
Explanation:from a-pex
In double-entry accounting, what is the difference between debits and credits
In double-entry bookkeeping, debits and credits happen simultaneously for every financial transaction. If an asset account rises (a debit), then either another asset account must drop (a credit), or a liability or equity account must rise (a credit)(Assets = Liabilities + Equity).
What are debit and credit?In order for a company's accounts to balance, debits and credits must be employed in the bookkeeping process. Credits raise liability, revenue, or equity accounts while decreasing asset or expenditure accounts. Credits operate in reverse. Every debit entry must include a corresponding credit entry with the same monetary amount, and vice versa when documenting a transaction.
Consider that a debit input always adds a positive number, while a credit entry always adds a negative number to condense this explanation.
A debit is always placed for insertion on the left side of an entry. A debit reduces obligation, revenue, or equity accounts while increasing asset or expense accounts.
An entry's credit is always placed to the right of the entry. Accounts for liabilities, income, or equity are increased, while asset or expenditure accounts are decreased.
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The average firm in each industry must have an m/b ratio that is equal to 1.0. true or false?
a. true
b. false