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what is gift tax?
Question
Asked 4/17/2014 7:13:15 AM
Updated 1/10/2016 12:10:52 PM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [1/10/2016 12:10:52 PM]
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User: what is gift tax?

Weegy: In economics, a gift tax is the tax on money or property that one living person gives to another.
Sting|Points 6697|

User: When money is used in a trade instead of the direct exchange of goods, it acts as a __________. A. unit of account B. trade equalizer C. currency converter D. medium of exchange

Question
Asked 4/17/2014 7:13:15 AM
Updated 1/10/2016 12:10:52 PM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [1/10/2016 12:10:52 PM]
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When money is used in a trade instead of the direct exchange of goods, it acts as a: medium of exchange.
Added 1/10/2016 3:30:25 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [1/10/2016 12:10:55 PM]
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Questions asked by the same visitor
what does forgo mean
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Updated 4/16/2014 2:25:16 PM
1 Answer/Comment
Forgo means to give up the use or enjoyment of (something).
Added 4/16/2014 2:25:16 PM
This answer has been confirmed as correct and helpful.
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