« previous next »

Author Question: How does commodity money differ from fiat money? a) Fiat money is backed by something of ... (Read 142 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
on: Jul 10, 2018
How does commodity money differ from fiat money?
 
  a) Fiat money is backed by something of intrinsic value.
  b) Commodity money is actually a barter system.
  c) Fiat money requires more than two parties.
  d) Commodity money is backed by something of intrinsic value.

Question 2

What material symbol defines what is important in life for most people in Europe and the United States?
 
  a) Money
  b) Food
  c) Sports
  d) Kin


katheyjon

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 10, 2018
Answer to Question 1

ANS: D

Answer to Question 2

ANS: A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

This chart shows the various lines of responsibility and how they differ in presidential and parliam This chart shows the various lines of responsibility and how they differ in presidential and parliam
Ripped Money Ripped Money
Students and Money Students and Money
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Determine m​, ​n, and i for money invested at 3.6​% compounded semi-annually for 3.5 ... Determine m​, ​n, and i for money invested at 3.6​% compounded semi-annually for 3.5 ...
Video: Retina

For a complete list of videos, visit our video library