Multiple...CHOICE!!?
Question:
a - durability.
b - portability.
c - uniformity.
d - divisibility.
2 - An example of representative money would be:
a - a fur coat.
b - diamonds.
c - gold earrings.
d - an IOU note.
3 - _________ is / are NOT example of a liquid asset.
a - A certificate of deposit
b - Cash
c - Traveler's checks
d - A checking account
4 - A _________ is an example of a financial intermediary.
a - life insurance company
b - stock certificate
c - bank vault
d - bond
Thank you!
Answer:
hahahaha i bet your taking a test online right now
1.c
2. d
3. d
4. a
i don't know what your talking about miss stacey wacey but 2 3 and 4 are definately right and 1 is open for debate a little but i guess it could be b OR c. I don't think its a because shells are more durable than paper and you can find shells as fossils which are millions of years old. I don't think its d because if each type of shell is given a value, you could do 3 pink for 1 blue just like we do 5 one's for 1 five. I think it is more c than b because though you could value a pink shell as 5 dollars, there would be variations of pink and that would leave discretionary variability in choosing and determining values. With portability, shells aren't that hard to carry. You can put them in your pocket and such, especially small ones, just as easily as coins.
loser
C
C
C
C
Well I won't give you the answers, look it up...the people above me are all wrong.
1. c
2. d
3. d
4. a
do you not know these things, i think theyre pertty obvious
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