The wearable interactive product designed for skiers aims to improve their performance by providing features such as feedback on navigation and ski runs.
The wearable device can be equipped with various sensors and technologies to track and analyze the skier's movements and performance on the slopes. It can provide real-time feedback on navigation by incorporating GPS technology to track the skier's location and display it on a digital interface. This feature helps skiers stay on course, navigate through different runs, and explore new areas confidently.
Additionally, the device can analyze the skier's ski runs, collecting data on factors like speed, turns, balance, and technique. Using this data, it can provide personalized feedback on areas for improvement, such as suggesting adjustments to technique, recommending specific drills or exercises, and highlighting potential risks or hazards on the slopes.
By combining navigation feedback and performance analysis, the wearable interactive product becomes a valuable tool for skiers to enhance their skills, make informed decisions, and ultimately improve their overall skiing experience and performance.
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Volatility or Blank______ increases for equity holders when leverage increases. Multiple choice question. inevitability certainty yield-to-maturity
The factors that increase for equity holders when the amount of leverage increases is d. risk.
What does an increase in leverage lead to?When there is an increase in the leverage that a company holds, the worry that the company will not be able to pay off the debt also increases.
This leads to more risk and volatility in company stock which would be felt by equity holders.
Remaining part of question:
a. inevitability.
b. certainty.
c. yield-to-maturity
d. risk.
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You want to have $2.8 million when you retire in 39 years. you feel that you can save $650 per month until you retire. what apr do you have to earn in order to achieve your goal?
APR of approximately 6.73% would be required to achieve the desired retirement goal of $2.8 million in 39 years while saving $650 per month.
To determine the annual percentage rate (APR) needed to achieve a retirement goal of $2.8 million in 39 years while saving $650 per month, we can use a future value of annuity formula.
First, we need to calculate the total amount saved over the 39-year period. Since $650 is saved monthly, the total monthly savings can be determined as $650 multiplied by 12 (months in a year), resulting in $7,800 per year.
Using the future value of annuity formula, we have:
$2,800,000 = $7,800 * [(1 - (1 + r)^(-39)) / r]
To find the APR (r), we can solve this equation through trial and error or by using numerical methods. Assuming an iterative approach, we find that an APR of approximately 6.73% would be required to achieve the desired retirement goal of $2.8 million in 39 years while saving $650 per month..
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What is the perceived exchange value in sport finance?
A. Financial management
B. Financial plan
C. Budget
D. Price
The answer is D. The perceived exchange value in sport finance refers to the value that participants or stakeholders perceive they are receiving in return for their financial investment in sports-related activities.
It goes beyond the monetary aspect and encompasses the subjective evaluation of the benefits derived from the transaction. Financial management (option A) is the process of planning, organizing, controlling, and monitoring financial resources to achieve organizational goals. While it is crucial in sports finance, it does not specifically address the perceived exchange value. A financial plan (option B) outlines an organization's financial goals, strategies, and actions. While it may indirectly impact the perceived exchange value, it is not the primary factor. A budget (option C) is a financial plan that allocates resources and estimates expenses.
It is an important component of financial management but does not directly address the perceived exchange value. The correct answer is D, price. Price is the amount of money or value assigned to a product, service, or experience, and it directly influences the perceived exchange value in sport finance. The price paid by stakeholders in sports, such as fans, sponsors, or investors, shapes their perception of the value they receive in return.
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If you expect the inflation rate to be 12 percent next year and a one-year bond has a yield to maturity of 7 percent, then the real interest rate on this bond is:.
The real interest rate of the bond is -5%.
What is the real interest rate?
Real interest rate is the nominal interest rate less inflation. The real interest rate has been adjusted for inflation. It represents the real rate of return on an investment when inflation has been adjected for.
What is the real interest rate of the bond?Real interest rate = nominal interest rate - inflation.
7% - 12% = -5%
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if you were to argue in favor of restricting trade, which are some of the industries or sectors you would restrict, and what arguments would you make to support your case?
Restricting trade can be seen as a way to protect domestic jobs in industries that may be threatened by foreign competition.
National Security: Some argue that certain industries vital to national security, such as defense or critical infrastructure, should be protected through trade restrictions. The argument is that reliance on foreign suppliers may pose risks to national defense capabilities or expose critical infrastructure to potential threats.Infant Industries: Advocates of trade restrictions may argue that developing domestic industries need protection in their early stages. This approach aims to shield emerging industries from competition with more established foreign competitors until they can become globally competitive themselves.Protecting Domestic Jobs: Restricting trade can be seen as a way to protect domestic jobs in industries that may be threatened by foreign competition. Advocates argue that imposing trade barriers, such as tariffs or quotas, can prevent job losses and maintain employment opportunities for domestic workers.Environmental and Labor Standards:E Some argue that trade restrictions can be used to ensure that imported goods meet certain environmental or labor standards. The argument is that unrestricted trade may result in a race to the bottom, where countries with weaker regulations and standards gain a competitive advantage, leading to environmental degradation and poor working conditions.Strategic Industries: In some cases, countries may seek to protect industries considered strategically important for economic or technological reasons. The argument is that by restricting trade in these sectors, countries can foster domestic innovation, maintain competitiveness, and retain control over critical technologies or resources.
It's important to note that while these arguments exist, there is also a substantial body of evidence and economic theory supporting the benefits of free trade and the drawbacks of protectionism. The overall impact of trade restrictions on economies and global welfare is a complex and debated topic. Different stakeholders and experts may have differing views on the necessity and effectiveness of trade restrictions in specific industries or sectors.
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The WTO has a __________________ that rules on trade disputes, giving the WTO an enforcement mechanism, something the GATT did not have.
The WTO has a Dispute Settlement Body (DSB) that rules on trade disputes, giving the WTO an enforcement mechanism, something the GATT (General Agreement on Tariffs and Trade) did not have.
The Dispute Settlement Body (DSB) is a key component of the World Trade Organization (WTO) and serves as the forum for resolving trade disputes among member countries.
It is an enforcement mechanism that was introduced by the WTO, and it has a formalized process for settling disputes based on established rules and procedures. The DSB plays a crucial role in maintaining the rules-based international trading system by providing a forum for member countries to resolve trade disputes in a fair and transparent manner.
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what is the double entry system?
Answer: Double-entry bookkeeping, in accounting, is a system of book keeping where every entry to an account requires a corresponding and opposite entry to a different account. The double-entry system has two equal and corresponding sides known as debit and credit. Double entry, a fundamental concept underlying present-day bookkeeping and accounting, states that every financial transaction has equal and opposite effects in at least two different accounts. It is used to satisfy the accounting equation,
Task 5 Direction: Prepare the following task: 1. Using the money management process, you are to prepare a list of the four stages in the cycle: Earning, spending, saving, and investing. Follow the instructions below then answer the succeeding questions. A. Identify your sources of funds, for example: allowance coming from your parents, etc. B. List down all necessary expenditures. C. Determine if you have excess funds available for savings and investment. 2. Prepare your personal budget plan for the week. Use the format below: Earning: Allowance / Other Funds Received Less: Expenditures (list down below) Excess/Shortage
Wealth accumulation, wealth growth and management, wealth preservation, and wealth distribution are the four stages that make up the financial life cycle.
What is money management?
Budgeting, investing, spending, and other methods of controlling how much money a person or organization uses are all considered parts of money management. The phrase can also be used more specifically to describe portfolio management and investment management.
A money management program's main goal is to provide you complete control over your financial decisions, future savings targets, and ability to build your own lifestyle. Plan your savings so that it fits your preferred lifestyle while also keeping your longer-term financial objectives in mind.
To maximize your financial resources, follow these three simple steps: First, make a budget. Create a savings plan, second. Third, pay off your debts.
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if consumers expect their future real incomes to rise, current consumption spending and the aggregate demand curve shifts to the .
If consumers expect their future real incomes to rise, current consumption spending and the aggregate demand curve shifts to the right.
What is aggregate demand curve?The demand and supply of all products and services produced by an economy are the main topics of discussion in macroeconomics. As a result, the term "aggregate demand" is also used to refer to the total demand for all individual commodities and services. Aggregate supply is the term used to describe the total supply of all separate commodities and services. The aggregate demand and supply for an economy can be represented by a timetable, a curve, or an algebraic equation, much like the demand and supply for individual commodities and services.
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Why do lower labor costs in other countries lead to job loss in the United
States?
A. Foreign governments can charge higher tariffs and make more
revenues.
B. Foreign producers are able to insource and make higher profits.
C. Workers migrate in search of better-paying jobs.
D. It enables foreign producers to undersell domestic producers.
Answer:
Foreign producers are able to insource and make higher profits.
Explanation:
yes its so because the foreign producers cause people to work for them instead so u need to buy products made in your own country.
Answer:
C. workers migrate in search of better paying jobs
Explanation:
lets say in japan they started paying people 10 fold more than before, and in the us they payed 2x less then before, then people would migrate to japan for better jobs. Source: trust me bro
You are reviewing your client's bank feed. She has several expense transactions for the local gas station that are correctly categorized. Go to the For Review tab in the Banking Center Select the multiple gas transactions _____________________________ What step completes the process for adding all of these transactions to the bank feed at the same time
The basic outcomes of InfoSec governance should include all but which of the following? A. Value delivery by optimizing InfoSec investments in support of organizational objectives
B. Time management by aligning resources with personnel schedules and organizational objectives
C. Resource management by utilizing information security knowledge and infrastructure officiently and effectively D. Performance measurement by measuring, monitoring, and reporting information security governance metrics to ensure that organizational objectives are achieved
The basic outcomes of InfoSec governance should include all of the options A, C, and D, except for option B. Time management is not a basic outcome of InfoSec governance.
InfoSec governance is the set of practices and policies that govern the protection and management of an organization's information assets. It ensures that information is available, confidential, and accurate to meet the organizational objectives.
The primary goal of InfoSec governance is to align the information security with the organizational objectives. Value delivery by optimizing InfoSec investments in support of organizational objectives is the first basic outcome of InfoSec governance.Resource management by utilizing information security knowledge and infrastructure efficiently and effectively is the second basic outcome of InfoSec governance. It means that the organization should manage the information security resources effectively to ensure that they are used efficiently.Performance measurement by measuring, monitoring, and reporting information security governance metrics to ensure that organizational objectives are achieved is the third basic outcome of InfoSec governance. In summary, InfoSec governance is a critical process for organizations to protect their information assets and align their information security programs with their organizational objectives. The basic outcomes of InfoSec governance are value delivery, resource management, and performance measurement, but not time management.Know more about the resource management,
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according to ken berry, the president and ceo of pepe's pizzeria, people have adopted pepe's pizzeria as their own, and this has presented the company with the challenge that people:
According to Ken Berry, people have adopted Pepe's Pizzeria as their own. This is a great testament to the quality of Pepe's Pizzeria's products and services. However, this has also presented the company with a challenge.
The challenge is to maintain the level of quality and service that people have come to expect from Pepe's Pizzeria while also meeting the increasing demand for their products. The company needs to find ways to increase production without sacrificing quality or service.
This can be achieved through the use of technology, such as automation and online ordering systems, as well as the hiring of more staff and the training of existing staff to improve efficiency.
Additionally, the company may need to consider expanding its facilities or opening new locations to meet the demand. Overall, Pepe's Pizzeria needs to strike a balance between maintaining quality and meeting demand in order to continue to succeed and grow as a business.
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When marketers evaluate the attractiveness of each potential segment and decide in which of these groups they will invest resources to try to turn them into customers, they are engaging in ________.
When marketers evaluate the attractiveness of each potential segment and decide in which of these groups they will invest resources to try to turn them into customers, they are engaging in C. targeting.
In the field of business, targeting refers to the various aspects that a particular business focuses on in order to expand itself. For determining which segments of a business to target, marketers evaluate certain factors such as segmenting the market, choosing the potential customers, focusing on particular marketing strategies, etc.
When marketers research the potential of each segment and decide their strategies based on this research to engage more customers, then they are using the targeting strategy.
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how can the activity rates (i.e., cost per activity) for the various activities be used to target process improvement yet unacceptable for external reports?
Activity rates provide managers with information on the typical cost of resources used to complete a specific task, such as processing purchase orders.
A task with a high average cost could benefit from process enhancements. A more accurate method of determining the costs of goods and services is provided by activity-based costing, which leads to more accurate rates determinations. By making expensive and non-value-adding operations more visible, it improves understanding of overheads and cost drivers and purchase managers to decrease or eliminate them. The amount of overhead and indirect costs associated with a specific activity are determined using the cost driver rate in activity-based costing.
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Assess the likely macroeconomic effects of pressure on the exchange
rate of the Vietnamese dong arising from Vietnam’s increased exports.
The likely macroeconomic effects of pressure on the exchange rate of the Vietnamese dong arising from Vietnam’s increased exports would depend upon how the pressure affects the exchange rate.
Why is it so?If the exchange rate depreciates, then this would be associated with an increase in Vietnam's inflation and a decrease in real incomes as imported goods become more expensive. This would likely reduce domestic demand and hence economic growth, as well as putting upward pressure on the current account deficit if the depreciation leads to an increase in imports. On the other hand, a depreciation of the exchange rate could also lead to an increase in competitiveness of Vietnam's exports, which could offset the negative effects to some extent by leading to an increase in export earnings.
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1) Make a list of your top ten considerations if you had $2,000 down payment and $300 per month to purchase a car right now. Research online and at a dealership of your choice to find at least 3 cars that you could afford that fit your most important considerations. 2) Research Zillow.com or another online real estate sales site. Search for houses (or mobile homes) under $75,000 in the Orangeburg area. Approximately how many did you find? Discuss one you might be interested in if you had $5,000 for a down payment and closing costs, were able to qualify for a first-time home buyers loan (FHA)? What are the pros and cons of that house? Use your TVM app (or bankrate.com) to calculate how much your monthly mortgage payment would be.
Part 1: Top ten considerations to purchase a car right now when $2,000 down payment and $300 per month are available are: 1. Available safety features 2. Fuel Economy, 3. Reliability, 4. Insurance cost, 5. Passenger capacity, 6. Brand Reputation, 7. Features included, 8. Maintenance cost, 9. Cost of ownership, 10. Loan approval rate.
Part 1: Top ten considerations to purchase a car right now when $2,000 down payment and $300 per month are available are listed below:
1. Available safety features
2. Fuel Economy
3. Reliability
4. Insurance cost
5. Passenger capacity
6. Brand Reputation
7. Features included
8. Maintenance cost
9. Cost of ownership
10. Loan approval rate
Three cars that fit the most important considerations are: 1. 2015 Toyota Camry LE 4D Sedan
2. 2014 Hyundai Sonata Limited 2.0T
3. 2014 Kia Optima LX Sedan
Part 2:
Orangeburg is a city in Orangeburg County, South Carolina, United States. Below are the answers to the research on Zillow.com:
There are 113 houses (or mobile homes) under $75,000 in the Orangeburg area. One of the houses that might be interested is 226 Hutto St, Orangeburg, SC 29115.
The pros of this house are:
Low price Low down payment3 beds and 2 baths with 1,034 sqft. Area Built in 1969 Good neighborhood
Cons of this house are: Small backyard, Small living room, Not a lot of storage space Monthly Mortgage Payment Calculation (using the mortgage calculator of bankrate.com) -
Assuming the amount of the loan is $70,000Interest rate is 4%The length of the loan is 30 years.
Down payment is $5000. Property tax is $40. Monthly payment including principal, interest, taxes, and insurance (PITI) is $405.80.
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Spice sells paprika for $9.00 per bottle. Variable cost is $2.43 per bottle and Spice's annual fixed costs are $825,000. The variable expense ratio for paprika is ______.
The variable expense ratio for paprika is 27%.
Variable expense ratioUsing this formula
Variable expense ratio=Variable cost/Selling price
Where:
Variable cost=$2.43
Selling price=$9
Let plug in the formula
Variable expense ratio=2.43/9×100
Variable expense ratio=27%
Inconclusion the variable expense ratio for paprika is 27%.
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ou read in a newspaper that the nominal interest rate is 12 percent per year in canada and 8 percent per year in the u.s. suppose that the international capital flows equalize the real interest rates in the two countries and that purchasing power parity (ppp) holds. a. using the fischer equation (discussed in chapter 6), what can you infer about the expected inflation differential in canada and in the united states? (show all your work for full credit). b. what can you infer about the expected change in the exchange rate between the canadian dollar and the u.s. dollar? show all your work for full credit
The real interest rate in US and Canada are same.
As inflation in Canada is higher, its value will depreciate again the US dollar.
This scheme actually loses money as the amount of loan to be returned is 1.08 USD
a. Using Fisher's equation,
nominal interest rate ~ real interest rate + inflation.
real interest rate = nominal interest rate - inflation
Thus, as the real interest rate in US and Canada are same,
Nominal rate Canada - Inflation Canada = Nominal Rate US - Inflation US
12% - inflation Canada = 8% - Inflation US
Inflation Canada = 4% + Inflation US
Thus inflation in Canada will be 4% higher than in US
b. As inflation in Canada is higher, its value will depreciate again the US dollar. i.e the US dollar will get stronger and Canadian dollar will get weak. The change in the value will be 4%.
c.
Let 1 USD = 1 CAD and amount borrowed be $1 in US for a year.
Amount payable in US after 1 year = $1 * (1 + 8%) = $1.08
Amount converted to CAD = CAD 1
Amount in CAD after 1 year = CAD 1*(1+12%) = CAD 1.12
New Exchange rate after 1 year = 1 * (1 + 4%) = 1.04 i.e 1 USD = 1.04 CAD (i.e USD costs more in CAD)
Amount in USD converted from CAD = 1.12/1.04 = 1.0769 ~ 1.077 USD
Thus, this scheme actually loses money as the amount of loan to be returned is 1.08 USD which is more than 1.077USD earned from CAD interest rates. (This is even without considering the exchange rate transaction fees etc.)
The interest rate is the quantity a lender prices a borrower and is a percentage of the essential—the quantity loaned. The hobby charge on a mortgage is typically referred to on an annual foundation referred to as the annual percentage charge (APR).
An interest rate is the amount of interest due in step with length, as a proportion of the quantity lent, deposited, or borrowed. the entire interest on an quantity lent or borrowed depends on the main sum, the hobby price, the compounding frequency, and the duration of time over which it's far lent, deposited, or borrowed.
An interest rate tells you ways high the price of borrowing is, or excessive the rewards are for saving. So, if you're a borrower, the hobby price is the quantity you're charged for borrowing money, proven as a percentage of the total quantity of the loan.
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why is enterprise important to a country ?
Answer:
New and improved products, services, or technology from entrepreneurs enable new markets to be developed and new wealth to be created. Additionally, increased employment and higher earnings contribute to better national income in the form of higher tax revenue and higher government spending.
Explanation:
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Marta is twenty eight years old, and she has no dependents. She has saved an emergency fund and an extra $1,500.
She would like to save or invest this money in hopes that it will grow fast. Marta does not mind taking risks with her
money. Which type of account or investment is best for her?
fifteen-year savings bond
IDA
mutual fund
basic savings account earning 1.3 percent Interest, compounded monthly
Answer:
Mutual Fund
Explanation:
Mutual fund is a type of investment where professionals managed a pooled sum money contributed by different investors. These funds are invested into buying stocks , bonds other securities towards profit making.
It has its advantages in professional management , shared risks, dividends reinvestment and convenience. However , the disadvantages include poor trade execution ,potential for management bias and high fees.
Answer:
The correct answer would be a basic savings account earning 1.3% interest, compounded monthly.
Explanation:
Taking into account that Marta does not like taking risks with her money and does not have an emergency fund she should not invest in stocks. She also wishes to use her money within 18 months, so a fifteen-year savings bond would not be a great choice.
A mutual fund is a collection of money from a group of investors to buy different investments. This choice will also not work well for Marta.
An IDA is an individual development account for low-income families to save towards a targeted amount usually used for building assets in the form of home ownership, post-secondary education and small business ownership. Not a great account for a single person with no dependants.
$1,500 at 1.3% interest, compounded monthly after 18 months equals about $1,520. Even though Marta won't be earning a huge amount of money, she will still earn some. Since she doesn't have an emergency fund and doesn't like risks, a basic savings account earning 1.3% interest, compounded monthly will be the right choice for her.
Even when economic indicators show that the economy is down, small businesses often thrive. Think of a small business in your community that would do well, even if people did not have a lot of extra money to spend, and explain the advantages it has over larger businesses.
Answer:
A drug store is a type of business that is likely to do well even in an economic recession.
This is because drug stores sell an essential good, that often has a high price, and that is needed by many people, specially those who suffer from chronic diseases.
In other words, people will likely reduce their consumption of many other goods before reducing their consumption of prescription drugs.
Which of the following explains why a city fireworks display on the Fourth of July is provided as a public good?
A. Fireworks displays usually take place in a public area.
B. Fireworks are a scarce resource.
C. Nonpayers cannot be prevented from seeing the fireworks.
D. Each consumer pays a fee to see the fireworks.
Answer:
C. Nonpayers cannot be prevented from seeing the fireworks.
Nonpayers cannot be prevented from seeing the fireworks explains why a city fireworks display on the Fourth of July is provided as a public good. Thus, option C is correct.
A good or service that is made available to all members of society is referred to as a public good in economics. Governments often handle the administration of these services, and taxes are used to pay for them all.
Law enforcement, national defense, and the rule of law are a few examples of public goods. Access to clean air and water are examples of more fundamental public goods.
It must be non-rivalrous and non-excludable, which are the two main characteristics that set a public good apart. When products are non-rivalrous, it means that their supply does not decrease as more people use them; when they are non-excludable, it indicates that all citizens can access them.
Therefore, option C is the ideal selection.
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Question #4
Multiple Choice
Values are principles that typically guide or influence an individual's decision-making process. Two
areas of life most often affected or influenced by values include
emotions and reactions
decisions and responses
physical health and feelings
attitudes and behaviors
The two spheres of life that are most frequently impacted or altered by values are attitudes and behaviors. The correct response is option (4).
Define attitudes and behaviors.An individual's attitude is defined as their mental perspective, or how they feel or think about someone or something. Behavior describes the actions, motions, conduct, or behaviors of an individual or a group toward other individuals. built upon. Experience and observation.
When people put more focus on their own attitudes and feelings, they tend to act more in line with those feelings, therefore there is a link between attitude and behavior. Additionally, when people feel greater responsibility for their individual actions rather than the actions of a collective, their opinions are more consistent with their behavior.
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On december 27, 2022 , abc, inc receives a $5,000 deposit by a customer for some remodeling that is scheduled to be started on december 29, 2022 and completed on january 3, 2023. The company president tells the accountant to go ahead and book the $5,000 as revenue since the completion of the project will only take a few days. What is the ethical dilemma involved?.
There is an ethical dilemma of failure to complete the project by the deadline might result in financial hardship for the firm.
A situation where one or more of the available alternatives compels the agent to go against or compromise their ethical action standards is known as an ethical dilemma. A moral or ethical dilemma is a predicament in which you must make a choice, decide what to do, take a certain action, or find a resolution to an issue that may be unpleasant. Ethical dilemma can also be a predicament in which you are completely unsure of what action to do. Four distinct ethical dilemma models exist: justice vs. mercy, individual vs. community, truth vs. loyalty, and short-term vs. long-term. The many forms of responsibilities that are at odds with one another actions can be used to categories ethical issues.
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Which one earns higher interest?
A. Savings Account
B. CD (Certificate of Deposit)
Answer:
B
Explanation:
The specific interest rates offered by savings accounts and CDs can vary greatly depending on the financial institution, the amount deposited, and the length of the deposit term, so it's important to compare rates from different banks and credit unions to determine which one is the better option for a particular individual.
A(n) blank______ model is a plan that details how a company creates, delivers, and generates revenues on the internet. multiple choice question. data ebusiness business
A blank e-business model is a plan that details how a company creates, delivers, and generates revenues on the internet.
The business strategy that enables customers to buy and sellers to sell goods and services through the internet is known as e-commerce.
It belongs to a larger sector of the economy known as electronic business or e-business.
Online transactions can be made via computers, smartphones, tablets, and other smart devices in the four main market categories of-
business to businessconsumer to consumer, business to consumer, consumer to business.Nearly all goods and services are now available to customers through e-commerce transactions in today's digital environment. When it comes to sharing data or money to continue executing a transaction, e-commerce involves multiple parties.
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if oil prices decline, the short-run aggregate supply curve shifts _____ and output supplied will _____.
If oil prices decline, the short-run aggregate supply curve shifts to the right, and output supplied will increase.
This is because lower oil prices lower the production costs of firms that rely heavily on oil as an input, such as transportation and manufacturing industries. As a result, firms can produce and supply more goods and services at lower costs, leading to an increase in output supplied in the short run.
The shift in the short-run aggregate supply curve to the right also leads to lower prices for goods and services, as firms are able to produce more efficiently. However, in the long run, the increased output supplied may lead to higher prices if the increase in demand exceeds the increase in aggregate supply.
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what were capital resources in the kingdom of mocha
Answer:
Bartering and the use of natural resources
Explanation:
It is correct
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.