Match the given terms to the appropriate statement relating to the various functions of money. Each term is used only once. a. Money provides a way of measuring a good for value in standardized terms.
b. Money permits us to make purchases today and enables us to pay off the purchases at some future point in time.
c. Money keeps its overall purchasing power.
d. Money is used to complete the transaction between the buyer and seller.

1. Unit of Account
2. Standard of Deferred Payment
3. Medium of Exchange
4. Store of Value

On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

Plastic and steel are substitutes in the production of body panels for certain automobiles. if the price of plastic increases, with other things remaining the same, we would expect: a) the demand curve for plastic to shift to the left. b) the price of steel to fall. c) the demand curve for steel to shift to the left d) nothing to happen to steel because it is only a substitute for plastic. e) the demand curve for steel to shift to the right