I and ii only i. It must be durable.
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It must be available in unlimited supplyC.
. Money acts as a unit of account a medium of exchange and a store of value. Can be used for advertising or other campaign expenses A. Hard and soft money can also refer to how clients pay their brokers or financial services providers.
Hard money may be spent on political adverts and campaigns for a particular candidate. One of the three functions of money is to serve as. Ii iii and iv only.
Can be used for advertising or other campaign expenses. A loan typically secured by a hard asset such as residential or commercial real estate. Which of the following are characteristics of hard money.
Hard currency refers to money that is issued by a nation that is seen as politically and economically stable. All of the following are characteristics of money except. All in all money must be convenient to carry.
It is a common myth that traditional economies usually functioned on a system of barter such that goods were directly exchanged. It must be difficult to counterfeit. I iii and iv only d.
Such loans usually have high interest rates relative to bank loans. Donations from individuals and interest group PACs ii. Unregulated by the Federal Election Commission.
All of the following are characteristics of moneyexcept. A financial asset. By divisible we mean that money is capable of being divided into smaller denominations.
Can be used for advertising or other campaign expenses a. Regulated by the federal election commission iii. Soft currency is an unstable form of currency that is unconvertable fluctuates erratically andor depreciates against other currencies.
This requires a coincidence of wants and is extremely inefficient. Characteristics of hard money Donations from individuals and interest group PACs Regulated by the Federal Election Commission Goes directly to a political candidate Can be used for advertising or other campaign expenses Option A i ii iii and iv EXPLANATION. Which of the following are characteristics of hard money.
A corporation can however make contributions through political action committees. A group of donors who come together and combine their money to help a candidate get elected. Ii iii and iv only.
Money solves all the problems associated with barter trade or the Barter system. In todays world tangible currency is either defined as soft currency or hard currency. It must be durable.
It must be divisible. Hard money is not able to be donated by unions or corporations directly but has to come from individuals. Hard money in US politics refer to political contributions.
First and foremost money acts as a medium of exchange that facilitates commercial transactions. 1 on a question. Donations from individuals and interest group pacs ii.
Hard currency is a stable and reliable form of currency that is issued by the government and widely accepted around the world. By being durable money does not easily wear out or deteriorate. One of the three functions of money is to serve as.
I and ii only C. Goes directly to a political candidate iv. Hard money lenders typically look more to asset value rather than at the credit characteristics of the potential borrower as the primary loan underwriting factor.
Durability means that dollar bills or coins are easily replaceable should they become damaged. A supreme court that says that all people have the right to spend soft money in elections this is because the first amendment freedom of speach. I and ii only c.
Which of the following are characteristics of hard money. Chapter 30 - The Financial Sector and the Economy 50. Donations from individuals and interest group PACs ii.
It must be difficult to counterfeit. I ii iii and iv b. Some of the most common functions of money include the following.
The Barter system was used in the olden days when money wasnt invented. Deals with soft money and pacs just deal with hard money. Hard currencies are widely accepted around the world as a form of payment for goods.
Money can be exchanged for goods services and labor. As of 2012 an individual may only donate a maximum of 2700 USD. Donations from individuals and interest group PACs ii.
I ii iii and iv B. Another very common characteristic or feature of money is the fact that it is divisible. Regulated by the Federal Election Commission iii.
The following are characteristics of soft money. Regulated by the Federal Election Commission iii. Goes directly to a political candidate iv.
It must be divisible. I iii and iv only D. It must be available in unlimited supply.
This is undoubtedly the most prominent function of money. The six characteristics of money are durability portability acceptability limited supply divisibility and uniformity. Money is a medium of exchange.
Hard money refers to coins while soft money refers to paper currency. Goes directly to a political candidate iv. In this case hard money.
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