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Ask us of the following most accurately explains why fiat money differs from commodity money?
Fiat money has value bc the gov. declares that it has value.
What most accurately explains why fiat money has no value in itself?
Fiat money has only a single use as a medium of exchange.
What most accurately explains why fiat money has value in itself?
Fiat money has only a single use as a medium of exchange.
Which of the most accurately explains why commodity money has value?
Commodity money is a good that can be used as a medium of exchange or for some other purpose. Apex
Which is most accurately explains why commodity money has value?
A commodity is a good that is worth money, there is no such thing as "commodity money". So if you have a good that was purchased from a vendor that is by definition a commodity, its value is whatever you paid for it, my suggestion is a mark up and that is its profit.
Ask us of the following most accurately explains why fiat money differs from commodity money?
Fiat money has value bc the gov. declares that it has value.
What most accurately explains why fiat money has no value in itself?
Fiat money has only a single use as a medium of exchange.
What most accurately explains why fiat money has value in itself?
Fiat money has only a single use as a medium of exchange.
Which of the most accurately explains why commodity money has value?
Commodity money is a good that can be used as a medium of exchange or for some other purpose. Apex
Which is most accurately explains why commodity money has value?
A commodity is a good that is worth money, there is no such thing as "commodity money". So if you have a good that was purchased from a vendor that is by definition a commodity, its value is whatever you paid for it, my suggestion is a mark up and that is its profit.
Which of the following most accurartely explains why fiat money has value?
Fiat money has value because the government declares that it has value.
Which of the following most accurately explain why commodity money has value?
Commodity money is a good that can be used as a medium of exchange or for some other purpose.
Which statement most accurately explains how justice is different from freedom and liberty?
justice includes punishment and reward
What most accurately explains the effect of competition among local gas stations on the price of gasoline?
The price of gasoline will decrease
Most accurately explains the effect of competition among local gas stations on the price of gasoline?
The price of gasoline will decrease
Which statement most accurately explains competition among local gas stations on the price of gasoline?
the price of gasoline will decrease
What most accurately explains the intended effect of wage controls on the cost of goods and services?
Wage controls attempt to stop inflation
