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vovikov84 [41]
2 years ago
9

Currently, U.S. currency is a. fiat money with intrinsic value. b. fiat money with no intrinsic value. c. commodity money with i

ntrinsic value. d. commodity money with no intrinsic value.
Business
1 answer:
12345 [234]2 years ago
7 0

Currently, U.S. currency is fiat money with no intrinsic value. Thus the correct answer is B.

<h3>What is intrinsic value?</h3>

Based on the cash flows from an investment, intrinsic value calculates its worth. The difference between market value and intrinsic value is that the first tells you how much other people are prepared to pay for an item, while the latter reveals the asset's worth based on an examination of its real economic performance.

It can be used for purposes other than serving as a means of exchange, commodity money has intrinsic worth. Fiat money has no intrinsic value and is only used as a means of exchange because the government has sanctioned its use in that capacity.

Therefore, option B fiat money with no intrinsic value is the appropriate answer.

Learn more about intrinsic value, here:

brainly.com/question/17273064

#SPJ1

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Luba_88 [7]

Answer:ooooooooooooooooooooooooooooooooooooooooooooooooookkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk

Explanation:

3 0
3 years ago
Read 2 more answers
Why is representative money more useful than commodity money?
love history [14]

<span>Representative money is portable, durable, divisible, and acceptable.</span>

8 0
3 years ago
Read 2 more answers
Crispin Mattresses is chartered in Florida but does business in all 50 states. Crispin Mattresses doing business in Florida is k
otez555 [7]

Crispin Mattresses doing business in Florida is known as a Domestic corporation.

<h3>What is Domestic corporation?</h3>

A domestic corporation is a business that operate its business transactions within a country. A domestic corporation would typically conducts its affairs in its home country.

An example is if a company is formed in a particular state, the business is a domestic corporation in that state. However, the state where the business is incorporated is a foreign business in any other state.

Hence, Crispin Mattresses doing business in Florida is known as a Domestic corporation.

Learn more about Domestic corporation here: brainly.com/question/913870

7 0
2 years ago
Stanley Corporation manufactures an electronic switch for dishwashers. The cost base per unit, excluding selling and administrat
sammy [17]

Answer:

So markup percentage will be 8 % on total unit cost

Explanation:

We have given that cost base per unit including selling and  administrative expenses is $60

per unit cost of selling and and administrative expenses is $15

The company desired ROI per unit is $6

We have to calculate the markup percentage on total unit cost

Markup percentage on total unit cost is given by '

markup percentage = \frac{desired\ ROI}{cost\ base\ per\ unit+ The \ per\  unit \ cost \ of \ selling \ and \ administrative\  expense}=\frac{6}{60+15}=0.08=8%  

So markup percentage will be 8 % on total unit cost

3 0
3 years ago
Which of the following is an example of institutional advertising?
timofeeve [1]

Answer:

B

Explanation:

Institutional advertising is when your trying to promote a company and not just a product. In example A it is promoting a hand cream. In example C it is promoting a grass seed. and in example D is is promoting the model with more power. Although in example B it gives out the key word Our products meaning that it is talking about the company's products/ company. Thus based on the definition it is B.

6 0
3 years ago
Read 2 more answers
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