The Dollar Is Considered to Be Which of These

question 63

Multiple Choice

The dollar is considered to be which of these?

• A)the profit standard for economic evaluation
• B)an excellent store of value even in highly inflationary times
• C)the monetary unit of account
• D)an efficient means of payment since the federal government is the only issuer of the dollar

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Definitions:

Return On Investment

Return on investment (ROI) is a financial metric used to evaluate the efficiency of an investment, calculated as the net profit divided by the cost of the investment.

ROI

Return on Investment is a performance measure used to evaluate the efficiency or profitability of an investment relative to its cost.

Residual Income

The amount of income that an entity has after all personal debts and expenses, including a mortgage, have been paid.

Residual Income

A measure of profitability that calculates the net income an investment or division generates above a specified minimum return.