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What is the definition for Objects that have value in themselves and that are also used as money?
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What are objects called that have value in and of themselves as well as value as a means of exchange?
commodity money
What is the length as a power of 10?
Length is not a value in itself. It is an attribute of objects and, in the context of an object, it may have a value. That value can be expressed as a power of 10.Length is not a value in itself. It is an attribute of objects and, in the context of an object, it may have a value. That value can be expressed as a power of 10.Length is not a value in itself. It is an attribute of objects and, in the context of an object, it may have a value. That value can be expressed as a power of 10.Length is not a value in itself. It is an attribute of objects and, in the context of an object, it may have a value. That value can be expressed as a power of 10.
Why the absolute value of a number is never negetive?
Because of the the definition of "absolute value".
Why is the absolute value always positive?
It's positive by definition. That's what the absolute value is.
What is the definition for accruacy?
Accuracy is when a known value agrees with an experimental value, but is not necessarily close in range.
Objects that have value in themselves and that are also used as money is the definition for .?
Objects that have value in themselves and are also used as money are referred to as commodity money.
Objects that have value in themselves and that are also used as money is the definition for?
Objects that have value in themselves and are also used as money are referred to as commodity money.
What are objects that have value in themselves and that are also used as money?
Representative money
Objects that have value in themselves as well as their value by means of exchange are called?
Fiat money
What are objects called that have value in and of themselves as well as value as a means of exchange?
commodity money
What is the difference between representative money and commodity money?
A) Commodity money consists of objects used as money that contains their own value, but representative money is a specific group of the commodity objects. B) Commodity money consists of objects that have value in and of themselves, but representative money makes use of objects because the holder can exchange them for something else of value. C) Representative money allows objects to be exchanged for something else, but commodity money has value because the government decreed it is an acceptable means to pay debts. D) Representative money consists of objects that have value in and of themselves, but commodity money makes use of objects because the holder can exchange them for something else of value The answer is B.
Objects that have value because the holder can exchange them for something else of value?
representative money
Hbest definition for inflation?
A general increase in prices and fall in the purchasing value of money.
Do you need to buy money or gain it in god swars?
You question is quite absurd. Money is an object used for value. How are you expecting to buy money? With objects of value? Where do you get objects of value without having money in the first place? The idea of a god embracing war is like a diver smoking a joint under water. It just doesn't fit. It fits as good as a fish on a motorbike.
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.
What is the definition of Fiat money?
"Fiat money, is money that is not backed by something with vaule. US money is backed by commodites like silver and gold. Fiat money is money declared by a government to be legal, eventhough it has no value."
In economics gold and salt are examples of which form of money?
Gold and salt are examples of commodity money in economics. Commodity money is backed by the intrinsic value of the goods or commodities themselves.
