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

Author Question: Fiat money is money: a. accepted by law regardless of its intrinsic value. b. that is not included ... (Read 87 times)

dalyningkenk

  • Hero Member
  • *****
  • Posts: 598
on: Jun 30, 2018
Fiat money is money:
 a. accepted by law regardless of its intrinsic value.
  b. that is not included as part of the M1 money supply.
  c. that is backed by gold or silver held on reserve by the government.
  d. such as coins that are made from metal.

Question 2

A country's balance on current account will always equal its balance on capital account.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

DylanD1323

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

True


dalyningkenk

  • Hero Member
  • *****
  • Posts: 598
Reply #2 on: Jun 30, 2018
Thank you


DylanD1323

  • Sr. Member
  • ****
  • Posts: 314
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Edward Bellamy, author of the utopian novel Looking Backward (1888) Bellamy’s socialism worried many Edward Bellamy, author of the utopian novel Looking Backward (1888) Bellamy’s socialism worried many
Leadership Activities That Support Intrinsic Motivation in Nurses Leadership Activities That Support Intrinsic Motivation in Nurses
Intrinsic muscles of the foot. Intrinsic muscles of the foot.
Intrinsic and extrinsic pathway Intrinsic and extrinsic pathway
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, ...
Intrinsic termination Intrinsic termination
Video: Acid-base imbalances - respiratory acidosis and alkalosis

For a complete list of videos, visit our video library