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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:

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How do life expectancy at birth and political freedom change the relative ranking of living standards that real GDP per person​
irina [24]

Answer:

Answer is A.

Explanation:

they don't change

8 0
3 years ago
Which of the following is a typical current liability?
Anestetic [448]

Answer: Option B

                 

Explanation: In simple words, current liabilities refers to the obligations and promises that an entity has to pay within a year. These liabilities usually arise due to the need of an organisation to fulfill their short term requirements to operate the business efficiently.

These liabilities are of critical in nature as they directly affects the liquidity of the business. In the given case, sales tax payable is the only obligation that must be fulfilled with a year. Hence it is a current liability.

6 0
3 years ago
Which of the following is FALSE? Group of answer choices Most of the maquiladora industry is located in the states of Mexico tha
REY [17]

Answer:

The maquiladora industry has not created much employment in Mexico because most of the production is capital intensive

Explanation:

maquiladora industry in Mexico are company that allow industries to perform production by converting raw materials into finished product for exportation and for local use by making this industry a "Tax- free". or making them to have duty free. Examples of maquiladora industry are

Acer Peripherals, Bali Company, Inc.

and Bayer Corp./Medsep. It should be noted that The maquiladora industry has not created much employment in Mexico because most of the production is capital intensive.

7 0
3 years ago
The Corner Hardware has succeeded in increasing the amount of goods it sells while holding the amount of inventory on hand at a
katrin [286]

Answer:

decrease in the day's sales inventory

Explanation:

Corner Hardware has succeeded in increasing the number of goods it sells while holding the amount of inventory on hand, cost per unit, and the selling price per unit at a constant level.

This situation will be reflected in the firm's financial ratios in the form of a decrease in the day's sales inventory.

5 0
2 years ago
The relationship between the future value of a single sum and the corresponding present value of a single sum is determined by t
Schach [20]

Answer:

D

Explanation:

interest rate per compounding period​ ; number of compounding periods

5 0
3 years ago
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