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Q: What most accurately explains why flat money has no value?
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Which of the following statements accurately describes the relationship between commodity money and flat money?

Commodity money has value in itself while flat money has value only because it is given value


Why does flat money have value?

Because governments say it does.


Why does flat money have no value?

Fiat money has only a single use as a medium of exchange


Why does flat money have no value itself?

Fiat money has only a single use as a medium of exchange


What does it mean to display the world accurately on a map?

The world is round, and maps are flat. It is difficult to accurately display a round object on a flat piece of paper.


Which model do scientists currently think best explains the shape of universe?

Flat model


What type of money is nonconvertible and has no intrinsic?

flat money


What type of money is nonconvertible and has no intrinsic worth?

flat money


How do you put money into your wallet?

Paper money goes in flat and unfolded.


Mr green buys a flat for 80000 the value of the flat decreases the 1st year by 5 percent it then increases in value by 15 percent in the 2nd year what is the value after 2 years?

64,600


LM curve relatively flat?

he LM curve is flat when money demand is very responsive to interest rates. That is, when you have a flat money demand curve. Interest rates only have to increase by a little in order to get rid of bonds since money demand is very reactive to interest rates.


What is a flat drawing of the Earth called?

A flat drawing of the Earth is called a map. Maps are two-dimensional representations of the Earth's surface that provide various types of information such as political boundaries, topography, and transportation routes.