Problem with using commodity money in the us colonies prior to 1700 Very few people were willing to accept commodities as payment.
British creditors feared charge in a currency of such fluctuating cost and to alleviate their fears the colonies have been prohibited from printing more paper cash. This brought about the cost of current paper money to plummet. This jolted a colonial economic system already suffering a surge in populace and could not be contained.
Colonial people complained that gold and silver coins were chronically scarce. those coins could be received simplest thru importation. Given unrestricted change in specie, marketplace arbitrage must have eliminated continual shortage.
Commodity cash is money whose fee comes from a commodity of which it's miles made. Commodity cash includes gadgets having cost or use in themselves as well as their value in shopping for items.
Learn more about commodity money here:- brainly.com/question/24199263
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<span>they all fought for independence from european control</span>
It's referred to as
boundary ambiguity. (:
I hope all is well, and you pass! Good luck, rockstar!
Answer:
Proceeds from selling an old asset which is being replaced by a new asset
Explanation:
Annual cash flow is the term that describes the measure of cash coming and going out in a business, it thus, convert and compare the annual cash amount from previous year, against the current year.
When measuring annual cash flow for capital investment proposal, the following will be considered:
1. Taxes: the amount of taxes that will be paid during the year.
2. Incremental cost that will be accrued over the year period or duration
3. Change in revenue
4. Depreciation in the value of the project.
However, in this case, Proceeds from selling an old asset which is being replaced by a new asset does not impact the cash flow as the transaction takes place in exchange for an asset
