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baherus [9]
1 year ago
5

Currently in the united states, money is backed by:____.

Business
1 answer:
Svetradugi [14.3K]1 year ago
5 0

The correct answer is (B) Federal reserve notes in banks

What is Federal reserve notes in banks?

  • A Federal Reserve note may be a term to portray the paper request liabilities of the Government Save, commonly referred to as "dollar bills," which circulate within the U.S. as legitimate delicate.
  • For viable purposes, the Government Save note is the financial unit of the U.S. economy. The term Government Save note is regularly befuddled with the U.S. dollar, the official unit of account of the U.S.
  • Federal Reserve notes were to begin with issued after the creation of the Government Save Framework (FRS) in 1913. Some time recently 1971, each Government Save note issued was sponsored by a legitimately indicated sum of gold held by the U.S.
  • Treasury, be that as it may, private citizens were not permitted to recover notes for gold dollars.
  • Since these notes held legitimate delicate status and spoken to genuine dollars, they were commonly alluded to as "dollar bills" as they circulated through the economy.

To know more about visit:

brainly.com/question/28197645?

#SPJ4

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3 years ago
Everett, Miguel, and Ramona are partners, sharing income 1:2:3. After selling all of the assets for cash, dividing losses on rea
katovenus [111]

Answer:

$42,700 cash is available for distribution

Explanation:

In order to calculate the cash available for sharing, we will first identify the debit and credit transactions. Debit transactions are expenditures, while credit transactions are incomes, hence we need to calculate the difference between the income and the expenditure.

Available cash = Everett (credit) - Miguel (debit) + Ramona (credit)

Available cash = 52,800 - 47,500 + 37,400 = $42,700

Therefore $42,700 is available in cash for distribution to the partners

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3 years ago
Innovation and enterprise can help to develop new and niche markets - True or False?
umka21 [38]

Answer:

True.

Explanation:

A radical innovation also known as the disruptive innovation is an innovative approach aimed at destroying or supplanting old business strategies and models with an invention to breakthrough and change the whole industries by creating new products.

Hence, an innovation and enterprise can help to develop new and niche markets as the business would be starting afresh and offering new products and services to meet the unending needs or requirements of its customers.

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A person in the organization has the ability to given bonuses to employees as part of a corporate compensation program. This is
skad [1K]

A person in the organization has the ability to given bonuses to employees as part of a corporate compensation program. This is an example of reward power.

<h3>What is reward power?</h3>

This is a term that is used formally in the workplace to refer to  a power that has been given by people to give out rewards to other workers in the workplace.

A supervisor who gives incentives to workers is an example of a person that holds such a power.

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vesna_86 [32]
The economics concepts of income effect and substitution effect express changes in the market and how these changes impact consumption patterns for consumer goods and services. The income effect expresses the impact of increased purchasing power on consumption, while the substitution effect describes how consumption is impacted by changing relative prices. Different goods and services experience these changes in different ways. Some products, called inferior goods, generally decrease in consumption whenever incomes increase. Consumer spending and consumption of normal goods typically increases with higher purchasing power, in contrast with inferior goods.



Read more: What's the difference between the income effect and the substitution effect? | Investopedia http://www.investopedia.com/ask/answers/041415/whats-difference-between-income-effect-and-substitution-effect.asp#ixzz4wcsy3IOK
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