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What type of money has value based on intrinsic worth?
Commodity money
What does explains the difference between fiat money and commodity money?
Fiat money is currency that has value primarily because a government maintains it and people have faith in its value, rather than being backed by a physical commodity. In contrast, commodity money is based on the value of a physical good, such as gold or silver, which has intrinsic value. While fiat money relies on trust and legal status, commodity money derives its value from the material it is made of. This fundamental difference influences how each type of money is perceived and utilized in the economy.
What are the economies of all cultures based on?
Economies of most, but not all, cultures are based on some type of currency (money). Economies could also be based on barter, gold, etc.
Competition among producers helps keep prices down in this type of economy?
In a market economy, the competition between producers helps keep the prices down. This is an economic practice that is based solely on supply and demand.
What is the type of money used by a country called?
The type of money used by a country is its legal currency.
What type of money has value based on intrinsic worth?
Commodity money
Where can I find a blood type calculator?
A great blood type calculator is here: http://www.biology.arizona.edu/human_bio/problem_sets/blood_types/btcalcA_popup.htmlIt should be able to tell you which blood type you have based solely on your parents types.
What type of trial is conducted solely by the judge?
Bench Trial
You are 21 and your friend was setting you up with a 19 year old. he has money and is nice. you didnt see him yet should you see what type of guy he is first or like him for the money?
Money is not everything. Money cannot buy happiness. This guy could be the ugliest human being on the planet, but you want to like him because he has money. Let me tell you that men do not find it attractive of women to be into them solely based upon their financial status. I have money, but I do not flaunt it. I do not want to attract someone that is attracted to me because I have money. You need to find out who this guy is, what he is about, and find out if you are physically and emotionally attracted to him or not. The money is good, but it is definitely not everything.
What does explains the difference between fiat money and commodity money?
Fiat money is currency that has value primarily because a government maintains it and people have faith in its value, rather than being backed by a physical commodity. In contrast, commodity money is based on the value of a physical good, such as gold or silver, which has intrinsic value. While fiat money relies on trust and legal status, commodity money derives its value from the material it is made of. This fundamental difference influences how each type of money is perceived and utilized in the economy.
What are the economies of all cultures based on?
Economies of most, but not all, cultures are based on some type of currency (money). Economies could also be based on barter, gold, etc.
Im 56 what should your weight be?
Your question can't be answered based solely on your age. In order to determine an average weight for an individual, you need to know the sex, height, body type, build, etc.
What is a catchy phrase for an introduction to a company?
This solely depends on what type of business you have or will start. Think about these questions: What will you be selling? What will your company be based around? It is also a good idea to check out some marketing advice and tools on the web.
Which muscle type depends solely on the sarcoplasmic reticulum as its calcium source?
Cardiac muscle relies solely on the sarcoplasmic reticulum as its calcium source for muscle contraction.
What type of documents are the gospels?
they are documents of faith.
Which type of expansion slot is used solely for a video card?
pci express or AGP
What is natural gas furnace?
Natural gas furnaces are a type of heating equipment that run solely on gas. Since they are not electric, they are more energy efficient. This is a great option if you're the kind of person who loves saving money!
