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What is paper money issued by the government called?
Fiat money. This is money that has no tangible value. An alternative is gold, which in itself has tangible value.
What is the heavy iron gate called at the entrance of a castle?
If it drops it is called a portcullis.
Is there any value to German money from world war 2?
there is value to german money from ww2 but only because it's money
How would changing the value of the German Mark affect the German people?
When the value of a nations money changes value it can make it worth or worth less. This means it would take more money to buy something when the value goes down. This is called inflation and people have to work more to make enough money to live. The value of a currency is also measured against other currencies and imports/exports will suffer. This in the long run could affect production and the closing of factories thus people loose jobs.
What is the value of a Remington 22 long rifle pump action in good condition?
Depends on the model and your definition of good condition. In general Mint condition value is as high as 1,200 (except for rarer variations) this drops to nearly 1/2 that once it drops down to 90% and generally there after becomes a shooter...
What is value of money called?
Currency?
How much will brand new American cars cost in 2026?
around the same since money value drops
When an object has an inherent value and is used as money that is called?
When an object has inherent value and is used as money, it is known as commodity money. This type of money has value independent of its use as currency.
What is the current value of a future sum of money called?
present value
What is paper money issued by the government called?
Fiat money. This is money that has no tangible value. An alternative is gold, which in itself has tangible value.
The money was called mickey mouse money because it has no value.?
It has no value because it is not printed it their country it was printed in the Philippines
What are tiny drops called?
Tiny drops are called droplets.
What are drops of water called?
Drops of water are called droplets.
Why is money called currency?
Because it stores value
What is it called when the value of money goes down?
inflation
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
