« previous next »

Author Question: An exchange rate system in which governments try to keep currency values from fluctuating against ... (Read 94 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?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

The acetic acid–acetate pair as a buffer system The acetic acid–acetate pair as a buffer system
Ranges of normal temperature values Ranges of normal temperature values
The respiratory system. The respiratory system.
The digestive system. The digestive system.
Top Ten States Ranked by Rate or Reported Bacterial STI Cases in 2011 Top Ten States Ranked by Rate or Reported Bacterial STI Cases in 2011
Concordance Values for Common Medical and Behavioral Conditions in Humans Concordance Values for Common Medical and Behavioral Conditions in Humans
Video: Methods of carbon dioxide transport - carbaminohemoglobin and bicarbonate ions

For a complete list of videos, visit our video library