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Evgesh-ka [11]
3 years ago
12

Which of the following most accurately explains why fiat money has value ?

Business
1 answer:
rodikova [14]3 years ago
8 0

Answer:

MRCORRECT has answered the question

Explanation:

Fiat money has value because the government declares that it has value.

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"Imagine a small agrichemical laboratory with a very small marketing budget develops a seed that produces grass, which grows two
NemiM [27]

Answer: Publicity

Explanation:

From the question, we are told that a small agrichemical laboratory with a very small marketing budget develops a seed that produces grass, which grows two-inches high and no higher.

Since the laboratory has a small marketing budget, the promotional element it can use to let others know about its discovery will be publicity.

Through publicity, the company can give out vital information about its new discovery. By doing this, the public will be aware of the innovation. Publicity is a marketing and promotion component.

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3 years ago
If the European subsidiary of a U.S. firm has net exposed assets of 750,000 Euros, and the euro drops in value from $1.30/euro t
Natalija [7]
The correct answer is:

b. loss of $75,000
6 0
2 years ago
Which of the following statements is true regarding variable costing?Multiple Choice
pentagon [3]

Answer:

a

Explanation:

8 0
3 years ago
Read 2 more answers
The impact lag facing the Fed is
Annette [7]

Answer: A: the time required for monetary policies to take effect

Explanation:

The impact lag also known as the response lag is the time it takes for corrective monetary and fiscal policies, designed to smooth out the economic cycle or respond to an adverse economic event, to affect the economy once they have been implemented.

For instance, during the last recession, several policies were introduced by the government to manage the situation . The time it takes for the citizens to feel the impact of these policies is known as the impact lag phase.

6 0
3 years ago
A rich singer has donated $450,846 to endow a university professorial chair in Bohemian Studies. If the money is invested at 12.
Sedaia [141]

Answer:

Annual withdrawal=  $57,032.02

Explanation:

Giving the following information:

Initial investment (PV)= $450,846

Interest rate (i)= 12.65%

<u>To calculate the annual withdrawal, we need to use the following formula:</u>

PV= Cf / i

Cf= annual cash flow

450,846= Cf / 0.1265

450,846*0.1265 = Cf

Cf= $57,032.02

7 0
3 years ago
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