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Lastminute is a website which offers deals on flights and hotels, geared toward those individuals making last minute reservations. The savings can often be significant as long as you are flexible in your travel plans. If you absolutely have to be at a particular hotel or on a particular flight, you may wish to look elsewhere.
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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.
Why do people accept US money in exchange for goods and services?
The value of a good or service can be measured with money.
A drastic drop in the value of money coupled with a rise in prices?
When there is an increase in prices for good and services combined with a reduction in the value of money it is known as inflation.
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.
What is the difference between a commodity form of money and token money?
A commodity form of money is when the value of the money is determined by the intrinsic worth of what makes it. For example, if the money is salt (as was used by the Roman empire) then the value of the money is the same as the value of the same weight of salt in another form. A token form of money is when a form of money (for example a coin) is created that has little or no intrinsic value, but has value because a company or person has agreed to exchange the token for a good or service of value. One example is bus tokens - small coins that can be presented on buses in exchange for transportation.
Does lastminutecom have good reviews?
This site does have good reviews. If you are planning a last minute getaway or vacation i would reccommend that you look at this site in order to see things
Is there any word defining low cost high quality?
How about good value, good value for money?
What happens when there is an increase in price for good and services combined with a reduction in the value money?
When there is an increase in prices for good and services combined with a reduction in the value of money it is known as inflation.
What happens when there is an increase in prices for good and service combined with a reduction in the value of money?
When there is an increase in prices for good and services combined with a reduction in the value of money it is known as inflation.
What happens when there is an increase in price for good and service combined with a reduction in the value of money?
When there is an increase in prices for good and services combined with a reduction in the value of money it is known as inflation.
What happened when there is an increase in prices for good and services combined with a reduction in the value of money?
When there is an increase in prices for good and services combined with a reduction in the value of money it is known as inflation.
What is the science of shopping?
Shopping intelligently to get good value for money.
What is an important characteristic of good money?
An important characteristic of good money is scarcity. This means that it is not readily available which will increase its value as well.
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.
Why does commodity money have value?
commodity money is a good that can be used as a medium of exchange or for some other purpose
Why do people accept US money in exchange for goods and services?
The value of a good or service can be measured with money.
A drastic drop in the value of money coupled with a rise in prices?
When there is an increase in prices for good and services combined with a reduction in the value of money it is known as inflation.
