1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nataliya [291]
3 years ago
5

What condition is necessary for a fiat money system to work? customers with checking accounts cannot earn interest on those acco

unts. money owed must be paid on time. the government must control the money supply. banks must hold sufficient gold to cover any paper money they give out?
Business
2 answers:
pashok25 [27]3 years ago
7 0
<span>What condition is necessary for a fiat money system to work? The government must control the money supply. Fiat money is not physical money like bills or coins, fiat money solely exists because if supply and demand of a good or service. This is a currency that the government has declared legal but it is not backed by any physical commodity. Due to that, the government has to be in control of the money supply for the fiat system to work. </span>
OleMash [197]3 years ago
3 0

Answer:

The government must control the money supply.

Explanation:

You might be interested in
When assessing the value of a business, is most important.
Mademuasel [1]
When it has a strong demand from consumers and slightly more supply then it's demand. And of course, if the company is more famous, provides good quality service, and has little down peak of it's business.



I hope it helped you!
7 0
3 years ago
Read 2 more answers
What does it mean to have liability for a company
barxatty [35]
It Means if a worker or anyone gets hurt while working or doing something with your company, you need to pay his debts. 
6 0
2 years ago
Read 2 more answers
You”ve decided that you want to get your household budget under control so you can increase the proportion of money you devote t
klasskru [66]
Creating a budget you can exceed but also creating a budget you can’t go over, Hope this helps! All i can tell you...
8 0
2 years ago
Read 2 more answers
Coronado Company sells merchandise on account for $4600 to Wildhorse Company with credit terms of 2/10, n/30. Wildhorse Company
telo118 [61]

Answer:

$3,528

Explanation:

The computation of the amount of the check after considering the discount period is shown below:

= Sale value fo merchandise - returned goods - discount paid

= $4,600 - $1,000 - $3,600 × 2%

= $3,600 - $72

= $3,528

By applying the above formula we can get the amount of the check and the same is to be considered

hence, the amount of the check is $3,528

6 0
3 years ago
"The __________ provision specifies what an insured must do, if a policy has lapsed, in order to put it back in force."
Vesna [10]

Answer:

The correct answer is Reinstatement.

Explanation:

The Reinstatement provision specifies what an insured must do, if a policy has lapsed, in order to put it back in force.

A reinstatement clause is a clause in insurance policy which grants the policy owner the right to reinstate a lapsed policy for specified reasons, such as non-payment of premiums, by furnishing satisfactory evidence of insurability and paying all unpaid premiums.which grants the policy owner the right to reinstate a lapsed policy for specified reasons, such as non-payment of premiums, by furnishing satisfactory evidence of insurability and paying all unpaid premiums.

6 0
3 years ago
Other questions:
  • David wynn gets an auto loan from his credit union for $10,000. david will make monthly payments over the next four years to rep
    9·1 answer
  • When direct materials are used in production, costs are assigned by debiting Work-In-Process Inventory and crediting __________.
    7·1 answer
  • a sound pulse takes 0.06s to reach the far end of the room and come back. what is the length of the room if the speed of sound i
    12·1 answer
  • An investment adviser that is a sole proprietor finds that its net worth (net capital) has fallen below the minimum requirement.
    5·1 answer
  • It is possible that a(n) ________ vertical marketing system can be more formally structured through strategic alliances and part
    11·1 answer
  • Your friend, Caitlyn, does not think it is important to review her monthly credit card statement. Instead, she just sets up an a
    11·1 answer
  • State two goals you hope to achieve through applying your coursework this term to your workplace experience.
    15·1 answer
  • Which of the following statements describes the most likely reason why
    13·1 answer
  • The financial statement that reports the revenues and expenses for a period of time is known as the.
    14·1 answer
  • The purpose of a situation analysis is to evaluate a firm's ________.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!