Explain why do objects used as money need to be in limited supply?

What are three reasons to study economics?

Dee is an accomplished actress and a homeowner who pays a landscaper to maintain her lawn rather than do it herself. Dee has determined that she can earn more in the hour it would take her to work on her lawn than she must pay her landscaper.

Because people prepare budgets, budget figures are often biased. Which of the following is true? a. When senior management sets budget numbers, a more realistic budget can be developed b.

12. Motor Works, Inc. has declared a $20,000 cash dividend to shareholders. The company has 5,000 shares of $15-par, 10% preferred stock and 10,000 shares of $20-par common stock. The preferred stock is cumulative.

Justin, a real estate salesperson, would like to offer his colleague a referral fee for referring him a new client. before offering the referral fee, however, justin obtained informed consent from the client.

Economic exposure, a category of foreign exchange risk, is distinct from transaction exposure, which is concerned with the effect of exchange rate changes on individual transactions, most of which are short-term affairs that will be executed within

According to liquidity preference theory, if there were a surplus of money, then A. the interest rate would be above equilibrium and the quantity of money demanded would be too large for equilibrium. B.

Moonbeam Company manufactures toasters. For the first 8 months of 2017, the company reported the following operating results while operating at 75% of plant capacity: Sales (349,400 units) $ 4,372,000 Cost of goods sold 2,595,000 Gross profit

What equipment should you use to reheat food? A. A stove B. A heat lamp C. A steam table D. A chafing dish

A small multifamily property generates $50,000 in rental income, $10,000 in expenses, and $25,000 in debt service. The property appreciates about $25,000 each year. What is the cash flow on this property?