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dmitriy555 [2]
2 years ago
9

Paper currency that has been declared legal tender but is not convertible into coins or precious metals is called ________ money

.
Business
1 answer:
melisa1 [442]2 years ago
4 0

Paper currency that has been declared legal tender but is not convertible into coins or precious metals is called <u>fiat</u> money.

The term is derived from the Latin word fiat, because of this a dedication through authority—in this case, it is the government that decrees the fee of the currency and is not representative of every other asset or financial device consisting of gold or a check.

Fiat cash, in a wide feel, all varieties of money which are made criminal tender via a government decree or fiat. The term is, but, commonly reserved for criminal-tender paper money or cash that have face values ways exceeding their commodity values and aren't redeemable in gold or silver.

Economists differentiate amongst 3 special forms of money: commodity money, fiat money, and bank money.

Learn more about fiat money here

brainly.com/question/718436

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She has negotiated a sales price of $24,145 and she has a $4,000 down payment. She is eligible for the full $750 cash rebate. He
kirill [66]

Answer:

The best overall price will be the bank offer because the cash disbursement are lower. Zara is looking for the cheapest overall price, which means the less cash disbursement regardless of the interest.

Explanation:

For the dealer option we need to calculate the cuota for an annuity of 66 month at 1.9% rate which a present value of 24,145 - 4,000 = 20,145

C * \frac{1-(1+r/12)^{-time} }{rate} = PV\\

C * \frac{1-(1+0.019/12)^{-66} }{0.019/12} = 20,145\\

The cuota for the dealer will be 321.69447 = 321.69

321.69 x 66 = 21231.54 overall cash price

Bank couta will be the annuity of 48 months at 3.50%

here we are using the cash rebate so 24,145 - 4,000 - 750 = 19,395

C * \frac{1-(1+0.035/12)^{-48} }{0.035/12} = 19,395\\

Cuota from the Bank 431.01181 = 431.01

431.01 x 48 = 20688.48 overall cash price

7 0
3 years ago
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AysviL [449]

Answer:

absolutely true they keeps increasing

6 0
3 years ago
A(n) ____ is a document that formally recognizes the existence of a project and provides direction on the project’s objectives a
kenny6666 [7]

Answer:

D. project charter

Explanation:

A project charter, is responsible for stating participants, their respective roles, directions and main goals in a project. The project charter must contain the essence of a project and act as a contract between all parties involved, thus, recognizing the project's existence.

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3 years ago
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8090 [49]

Answer:

The correct answer is letter "B": increase the price level, but not real GDP.

Explanation:

The neutrality of money principle states that fluctuations in the money supply affect the prices of <em>goods, services, </em>and <em>wages</em> but not the growth in an economy or its real Gross Domestic Product (GDP). Austrian economist Friedrich A. Hayek (1899-1992) coined the term "<em>neutrality of money</em>" referring to a characteristic of money playing a neutral role in the growth of an economy.

Nowadays, specialists in the field believe the neutrality of money is a concept that applies in the long-run analysis of the productivity od a country.

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3 years ago
Type the correct answer in the box. Spell all words correctly.
Sonja [21]

Answer:

Explanation:

Opens to the left

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