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What gives fiat money its value as a medium of exchange?

Laws set by the government give Fiat money its value as a medium of exchange. Unlike traditional money or currency, it has no good which act as a medium to back it up.


Where did Columbus get the money for his journey?

The Spanish Government under Ferdinand and Isabella/


It it better to buy the Xbox console or a whole set?

If you're looking for value, get the whole set. It can save you a lot of money.


Why does the congress not the constitution set the presidents salary?

This is because times change and money changes value


What is the value of one pound queen Elizabeth 2 to American money?

It's a common circulation coin worth about 7¢ as of 06/2010


What is the nation's central bank?

The Federal Reserve? There are 12 branches. These are where money is printed and where interest rates are set, ie, the value of money. The Bank of America!


What is the value of the Cullinan IV diamond?

The Cullinan IV is in the private collection of Queen Elizabeth II of England, and its value, thus, is unknown. According to Wikipedia: "The Cullinan IV, a 63.60-carat cushion shape, was originally set in the band of Queen Mary's crown, but can also be worn as jewelry..."


Does the Twilight Bedding Set come in Queen size?

The Twilight Bedding Set is not available in Queen size, but the Twilight Mini Quilt is available in Queen.


Who was the queen when Columbus set sailed?

Queen Isabella of Spain


If you die does your beneficiary receive life insurance value plus surrender value?

Generally the life value. The surrender value is the money set aside to eventually pay the life value. For more detail see www.steveshorr.com/life.htm


What s the value of a 500 funf hundert kronen pet set korun paper money specimen?

500 funf hundert kronen pet set korun


What queen gave columbus money and ships?

queen isabella of spain