Answer:
by the government's ability to control the supply of money and therefore to keep its value relatively stable.
Explanation:
The gold standard monetary system refers to a system where paper money can be converted into a certain amount of gold. It was used by the federal reserve until 1971, when it changed for the current monetary system.
The monetary system was never based on bonds, since bonds represent money that the government owes to private or public investors.
Answer:
<em>to efficiently and effectively utilize the resources that the management has in hand. </em>
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Janice's choice is an example of fiscal responsibility. Fiscal responsibility is characterized as utilizing the assets of the patient to amplify medical advantages while at the same time using the assets of the organization to boost cost-adequacy. Being monetarily dependable means settling on capable asset portion choices.
Answer:
Option (D) is correct.
Explanation:
When the government sets the price of a particular good above the equilibrium level is known as the binding price floor. But this will lead to an increase in the price level or we can say that will lead to an inflation. Hence, there is a fall in the purchasing power of the consumers and therefore, fall in the demand of goods.
So, this would create a surplus of goods due to the unsold quantity of goods.
