0
Money acts as a store of value because it is valuable. Money can be held and spent when something is worth it's value.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
What is the purpose for the revenue acts of 1916?
To raise money for war preparations.
Why is money a factor of production?
money acts as a factor of production. it is because the other factors of production are indirectly dependent on money. more the money paid to any factor of production more it will work. hence money encourages other factors of production to work more.
Introduction to banking?
A banker or bank is a financial Institution that acts as a payment agent for customers, and borrows and lends money.
What is maximizing a firm value?
Value can be broadly divided as perceived and the realized value. The perceived value is the one that determines the effect of the realized ones. The maximization of the value of firm relates to the concept that how the business of the firm is being perceived as in the business world. Creating a value through ones core competence and making your customer the king of your business helps in building the value of the firm. The firms value acts as the deciding ones for making the clients follow your business. In recent business scenario the profit motif has shifted to the value motif.
What does pay yourself first mean?
Pay yourself first means to always set aside some money for savings. The acts of paying bills or shopping are activities that pay others, even if the money is spent on some recreational endeavor, or for the purpose of buying essentials like food, it is money that has ceased to be an asset. Money that is saved remains an asset, collecting interest and growing one's net worth.
What two things should you describe about a force that acts on an object?
the 2 things you should describe about a force that acts on an object is the size and direction
What is a scientific way to describe how something acts or looks?
To Observe
Jewelry represents what type of money?
The Game
How can you describe a person who acts smart but turns defensive when retaliated?
Human.
What does it mean when a church describe it self as pentecostal-holiness?
Acts 2
What substance acts as the store of chemical potential energy in plants?
water
What is The acts of trading selling or buying something of value?
Tra
Describe tidal friction created by the moon acts like a brake on the earth?
ya
What is the term used to describe terrorist acts committed via the Internet?
cyber terrorism
What is the term used to describe terriorist acts committed via the Internet?
cyber terrorism
What type of properties describe how one material acts on other materials?
Chemical Properties.
What does 'a Goofy Goober' mean?
It is slang for someone who acts silly and childish - not really an insult, more of a fond way to describe a friend who acts silly and goofy.
