« previous next »

Author Question: An exchange rate system in which governments try to keep currency values from fluctuating against ... (Read 89 times)

maegan_martin

  • Hero Member
  • *****
  • Posts: 532
on: Jun 29, 2018
An exchange rate system in which governments try to keep currency values from fluctuating against one another is a fixed exchange rate system.
 
  Indicate whether the statement is true or false

Question 2

Define money and list its functions.
 
  What will be an ideal response?


SamMuagrove

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

Money is any commodity or token that is generally accepted as a means of payment. It has three main functions. It serves as a medium of exchange, a unit of account, and a store of value.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

maegan_martin

  • Hero Member
  • *****
  • Posts: 532
Reply #2 on: Jun 29, 2018
Correct answers!


SamMuagrove

  • Sr. Member
  • ****
  • Posts: 312
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

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?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Integumentary system.Epidermis and dermis. Integumentary system.Epidermis and dermis.
An overview of the arterial system. An overview of the arterial system.
The footnote on a Nutrition Facts label explains the Recommended Daily Values that are the basis of ... The footnote on a Nutrition Facts label explains the Recommended Daily Values that are the basis of ...
Overview of the cardiovascular system. Overview of the cardiovascular system.
The Digestive System The Digestive System
Human Lungs (Respiratory System) Human Lungs (Respiratory System)
Video: B cells and antibodies

For a complete list of videos, visit our video library