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2 years ago

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

Business

1 answer:

Svetradugi [14.3K]2 years 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.

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Monthly sales are $530,000. Warranty costs are estimated at 5% of monthly sales. Warranties are honored with replacement produ

sashaice [31]

Answer:

C. Estimated warranty payable for $26,500.

Explanation:

The monthly sales are $530,000 and the warranty costs are 5% of monthly sales,

Therefore, Warranty costs will be = $530,000*5% = $26,500.

Now, we know that no defective products were returned during the current month, hence the other options in the questions are discarded and Estimated warranty payable is taken at the month end.

Thank buddy.

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8 0

3 years ago

What is the significance of price elasticity of demand to a producer

Bumek [7]

Answer:

See the explanation below

Explanation:

Significance of price elasticity of producers:

useful in pricing decisions
when demand is elastic, firms have to reduce their price to earn more revenue
when demand is inelastic firms need to raise prices to earn more revenue

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3 years ago

there is a growing demand of a firm of architects and engineers in developing countries like Nepal justify

FromTheMoon [43]

Answer:

yes the developing countries not only Nepal but India also I am in great need of such wonderful master architects and engineers . To develop their country condition they need search architects and engineers for their development

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3 years ago

Read 2 more answers

Which of the following statements concerning the selection of risk management techniques and insurance market conditions is (are

valentinak56 [21]

Answer:

I.It's easier to purchase affordable insurance during a "soft" market than during a "hard" market

I only

Explanation:

When a purchaser of insurance wants to make a purchase he analyses the market to get a favourable condition that reduces risk and loss.

The market condition can be a soft market or hard market.

Soft market is one in which potential sellers are more than potential buyers. So supply exceeds demand. Buyers are able to buy affordable insurance.

Hard market on the other hand is when there is an upswing in market cycle. Premiums increase and capacity for insurance decreases.

It is more difficult to get affordable insurance in this market

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3 years ago

Frida what does frida ask diego when she manages to walk and visits him in the job?

Musya8 [376]

Frida, Mirar sus pictures Frida asks Diego when she manages to walk and visits him on the job.

Work is important to your sense of purpose. Because work provides a goal to work on every day and an income to support you financially. It will help you build skills and experience that will last throughout your career, even if you change careers in the future.

The full form of JOB is "Joining Others Business". However, Job is not an acronym. "Job" is a word that describes a job or task. Occupation is the role of an individual in society. More precisely, a job is an activity that is usually performed regularly and often paid for.

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1 year ago