Which of these scenarios involves commodity money?
A girl writes a check to her friend for a stack of valuable comic books.
A boy starts a lemonade stand and sells each drink for twenty-five cents.
A woman offers her neighbor a US silver dollar in exchange for a bicycle.
A man buys some T-shirts and pays with a US fifty-dollar bill.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of these scenarios involves commodity money? A girl writes a check to her friend for a stack of valuable comic books. A boy starts a ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
One of the most important elements to lobbying success is gathering information explain how and why
Answers (1)
Brainstorm a list of 10 action verbs. Use each of the action verbs to create a statement illustrating your qualifications.
Answers (2)
A mining company declared a liquidating dividend. The journal entry to record the declaration must include a debit to1. Retained Earnings. 2. A paid-in capital account. 3. Accumulated Depletion. 4. Accumulated Depreciation.
Answers (1)
Which example defines an economic activity?
Answers (1)
7. Identifying costs of inflation Bob manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash twice per month.
Answers (1)
New Questions in Business
Which of the following is a record of a transaction that already happened and was paid for? A. an invoice B. A bill C. A receipt D. A receivable
Answers (2)
A company purchased a two-year fire insurance policy on May 1, 2012. It paid the $2,400 premium in cash on the same date and recorded the entry with a debit to Prepaid Insurance for $2,400.
Answers (1)
Market segments that can be effectively reached and served are said to be
Answers (1)
9. An expenditures incurred on factors of production A, cost B, input C, fixed input D, variable input
Answers (1)
Evan has a Bachelor's degree in ethics and human resources, and he has extensive experience working with employees and managers regarding ethics, especially in the area of ethical dilemmas.
Answers (1)