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3 years ago

Why do most nations use fiat money today?

Business

2 answers:

vagabundo [1.1K]3 years ago

5 0

Correct answer is D. Governments know that fiat money derives its value from gold and silver.

I am Lyosha [343]3 years ago

4 0

Most nations use fiat money today because it has no value and is only used for the purpose of making the payment.

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Steven ballard has a strategic initiative for east carolina to be known as

zmey [24]

Steven Ballard has a strategic initiative for East Carolina to be known as the leadership university.

His teaching and research are focused on leadership in the public sector, research and the development and the innovation process. He is also known for his amazing ethics and relentless support for ECU.

6 0

4 years ago

Tinder, the mobile dating app, is competing for market share with Match among college students. In its promotional messages, Tin

kramer

Answer:

E. Points of Difference

Explanation:

Point of Difference (PoD) are factors of products or services (in this case, dating services) that stablish differenciation with competitors with the goal of increase bran loyalty as the consumer see their benefit increased.

While Point of parity, (PoP) are associations not unique to the brand but at equal level as the competitor.

As the statement assume Tinder is faster and cheaper than Match it stablish differenciation points.

8 0

3 years ago

Algebra of the income-expenditure model Consider a small economy that is closed to trade, so that its net exports are zero. Supp

ioda

Answer:

a. The equilibrium income level is $100 billion.

b. The new equilibrium level of income will be equal to $500 billion.

c. This economy's multiplier is equal to 4.

Explanation:

a. Calculation of the equilibrium income level

Since;

Y= C + IP + G ........................... (1)

Where;

C = $20 billion + 0.75 × (Y – T)

G = $35 billion

IP=$60 billion

T = $20 billion.

Remove the billion now for simplicity purpose to include later, substitute the values into equation (1) and solve for Y, we have:

Y = $20 + 0.75 * (Y – $120) + $60 + $35

Y = $20 + 0.75Y - (0.75 * $120) + $95

Y - 0.75Y = $20 + $95 - $90

0.25Y = $25

Y = $25 / 0.25

Y = $100

Therefore, the equilibrium income level is $100 billion.

b. Suppose that government purchases are increased by $100 billion. The new equilibrium level of income will be equal to ______ billion.

With this, we now have:

G = $35 billion + $100 billion = $135 billion

Replace this with G in part a and substitute other values as already given in part a into equation (1) and solve for Y, we have:

Y = $20 + 0.75 * (Y – $120) + $60 + $135

Y = $20 + 0.75Y - (0.75 * $120) + $195

Y - 0.75Y = $20 + $195 - $90

0.25Y = $125

Y = $125 / 0.25

Y = $500

Therefore, the new equilibrium level of income will be equal to $500 billion.

c. Based on the effect of the change in government purchases on equilibrium income, you can tell that this economy's multiplier is equal to _______.

Since the change in government purchases makes equilibrium income level to increase from $100 billion to $500 billion, we can calculate the rate of change in the equilibrium income level as follows:

Rate of change in equilibrium income = (New income – Previous income) / Previous income = ($500 - $100) / $100 = 4

With the rate of change of 4, we can tell that this economy's multiplier is equal to 4.

This can be confirmed using the multiplier formula as follows:

Multiplier = 1 / (1 – MPC) ……………………….. (2)

Where;

MPC = 0.75 from the consumption equation given C = $20 billion + 0.75 × (Y – T).

Substitute for MPC in equation (2), we have:

Multiplier = 1 / (1 – 0.75)

Multiplier = 1 / 0.25

Multiplier = 4

Which is the same as already obtained above.

Therefore, this economy's multiplier is equal to 4.

4 0

3 years ago

Which statement is TRUE about insurance coverage on customer brokerage accounts maintained at banks registered solely as municip

Norma-Jean [14]

Answer: D. No insurance protection is offered on customer municipal accounts maintained at bank broker-dealers

Explanation:

Broker-Dealer are required to register their customers for insurance under the Securities Investor Protection Corporation (SIPC).

Broker-Dealers who however handle only tax-exempt securities such as municipal bonds are not required to be registered under the SIPC.

As this bank handles only municipal securities, they is not required to be registered under the SIPC which means that no insurance protection is offered on customer municipal accounts maintained by them.

5 0

4 years ago

How much actual competition occurs in perfectly competitive markets? some make the claim that there is actually no competition b

Brilliant_brown [7]

The competition in the perfectly competitive market are known to be few in the actual sense.

<h3>What is a perfectly competitive market?</h3>

This is the type of market that is known to have barriers to entry in the market.

In such a business or a market type there is symmetry and their is perfect information existing for the consumers and the producers.

The following are the characteristics of this type of market

Firms that produce identical goods
large number of buyers
Many sellers of the products
The buyers and the sellers have perfect information that would enable them to make decisions.

Read more on perfect competitive market here: brainly.com/question/1748396

#SPJ1

5 0

2 years ago