Answer:
D. money that is authorized by a central bank and that does not have to be exchanged for gold or some other commodity money
Explanation:
By definition, fiat money is a physical money that is made a legal tender by the government or other authoritative figure.
It is not backed by any physical commodity like silver or gold but only by the government that distributed it . Additionally, if inflation occurs in a country that uses fiat money as a legal tender, the owners will go at a huge loss since it cannot be redeemed and in worst case scenario such as hyperinflation, it will be worthless.
Bacon would cost more since it would cost more to raise a pig
Answer: The Production Possibilities Curve (PPC) is a model that captures scarcity and the opportunity costs of choices when faced with the possibility of producing two goods or services. Points on the interior of the PPC are inefficient, points on the PPC are efficient, and points beyond the PPC are unattainable.
Answer:
The interviewer does not begin the interview in a neutral state, reacting only to information presented and the behavior of the applicant in the interview.
Explanation:
Robert Dipboye postulated that an interviewer should use both structured and unstructured interview method when interacting with a potential employee.
This aims to look beyond the job description and to get a better candidate as a fit for the role.
Structured interview uses a standard set of questions to evaluate a candidate, while unstructured interview allows the interviewer to ask questions aimed at getting information in regards to a skill or trait.
Using this method, the interviewer does not begin in a neutral state. But rather his reaction is based on the information presented by the candidate and his behaviour.
Answer:
-$380,789
Explanation:
Dear Portfolio = [(1,50,000)2 + (2,50,000)2 + 2(0.8)(1,50,000) ( 2,50,000)]0.5
= [$22500000000 + $62500000000 + $60000000000]0.5
= ($145000000000)0.5
= $380,789
