Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 4. describe some disadvantages of commodity money?

4. Describe some disadvantages of commodity money? 5. How is money made? 6. Is the...

70.2K

Verified Solution

Question

Accounting

image
image
image
4. Describe some disadvantages of commodity money? 5. How is money made? 6. Is the available credit you have on your MasterCard considered money by economists? Explain. 8. What is fiat money? What or who back the value of fiat money? 15. As interest rates increase, is the demand for money higher or lower? Why

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Cash & M/S 30,000 Accruals 20,000 Receivables 70,000 Accounts Payable 60,000 Inventories      120,000           Notes Payable 80,000 Fixed Assets 380,000 L-T Liabilities 140,000 Total Assets 600,000 Common Equity 300,000 Total 600,000 Annual Sales   = $1,200,000 Net Income     =...

Finance
Q

Choose any three methods that psychologists use to learn about the functions of the brain. Describe...

Psychology
Q

Tech A says that in some vehicles, airbag deployment can be based on the speed of...

Mechanical Engineering
Q

The following P V graph shows five different thermodynamics process of an ideal gas The...

Physics
Q

Differentiate y y 26 3 25

Calculus
Q

Gordon Company compr un derecho de autor por $90,000 el 1 de enero de 2012,...

Accounting
Q

theres 5 questions total. 1) 2) ...

Accounting
Q

The Strategic Factor Analysis Summary (SFAS) Matrix is a listing of the firms external and...

Accounting
Q

The time value of money focuses on: Cash flow Earnings per share Net income All...

Accounting
Q

uses variable costing for interactures heavy-duty street lighting systems for municipalities. The company shareholders, creding...

Accounting
Q

Blossom Corp. has the following beginning-of-the-year present values for its projected benefit obligation and market-related...

Accounting
Q

i need some help with this one. i think i have the formulas right ...

Accounting