Any kind of money that a creditor must by law accept in payment for debts is called.

a. barter

c. legal tender

b. cash

d. tender money

A house was purchased for $350,000 in the year 2010. The value has been increasing by $7,000 per year. Write the function and find the value of the house after 5 years.

Adrian contributed an antique vase she had owned for 25 years to a museum. At the time of the donation, the vase had a value of $35,000. The museum displayed this vase in the art gallery.

U. S. car dealers sell both used cars and new cars each year. However, only the sales of the new cars count toward GDP. Why does the sale of used cars not count

A U. S.-owned automobile factory uses $100,000 worth of parts purchased from foreign countries along with U. S. inputs to produce 30 cars worth $20,000 each. Twenty of these cars are sold and 10 are left in inventory.

Suppose demand and supply are given by Qd = 60 - P and Qs = 1.0P - 20. Determine the quantity demanded, the quantity supplied, and the magnitude of the shortage if a price ceiling of $30 is imposed in the market.

when a minor breach has occured, the non - breaching party is able to do what?

What is similar to the size of bacteria

What function is money serving when you buy a ticket to a movie? a. a store of value b. a medium of exchange c. a unit of account d. a flow of funds

It is important for a licensee or broker to remove ambiguity when a seller's unclear decision could be discriminatory by forcing the seller to: A. cooperate with the buyer. B. renegotiate the contract. C. pay the closing costs. D.

Process manufacturing involves taking raw materials and physically or chemically changing them into another form, while the assembly process takes the newly changed form and turns it back into the original form. a. Trueb. False