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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


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


What is an example of a flat surface?

A table


How do you put money into your wallet?

Paper money goes in flat and unfolded.


What is an example of flat file database?

A spreadsheet is one example. All the data is in a single table.


How do we find the key note in flat signatures?

The name of the scale is whatever the second to the last flat is. For example, if you have 3 flats, B flat E flat and A flat, the name of the scale is E flat, because it is the second to the last flat.


Why does flat money have no value?

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


Why does flat money have value?

Because governments say it does.


An example of a flat tax?

For example, Slovakia - 19% flat tax rate (Corporate income tax, Personal income tax, and Value-Added Tax)


Is the sign for flat b?

When typing, you can use the letter b to signify a flat. For example: Bb would mean B-flat.


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.