This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is a fiduciary monetary system? What will be an ideal ... (Read 70 times)

magmichele12

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
What is a fiduciary monetary system?
 
  What will be an ideal response?

Question 2

If a country is growing at an annual growth rate of 5, what will be its GDP after 5 years?
 
  A) 5 times the current GDP B) 1.28 times the current GDP
  C) 3.21 times the current GDP D) 1.8 times the current GDP


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meow1234

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

A fiduciary monetary system is a system in which currency is issued by the government and its value is based on the public's confidence that the currency represents command over goods and services. The currency used in the system has no intrinsic value.

Answer to Question 2

B


magmichele12

  • Member
  • Posts: 559
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Procedures and Diagnostic Tests Related to the Female Reproductive System Procedures and Diagnostic Tests Related to the Female Reproductive System
Using a water-based cleaning system helps reduce the hazards from using strong chemicals. Using a water-based cleaning system helps reduce the hazards from using strong chemicals.
Function divisions of nervous system Function divisions of nervous system
Organs of the Digestive System Organs of the Digestive System
Female Reproductive System Female Reproductive System
If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas? If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas?
Video: Transcription—A molecular view

For a complete list of videos, visit our video library