Answer:
Option D.
Explanation:
Fiat money refers to currency that is issued by the government and which is not backed by any physical commodity, such as gold or silver, but rather by the government that issued it.
The value of fiat money is gotten from the relationship that exists between supply and demand and the stability of the issuing government. The value is not based on the worth of a commodity backing it as is the case for commodity money.
Most modern paper currencies are fiat currencies, including the U.S. dollar, the euro, and other major global currencies. One risk that fiat money faces is the printing of too many of a particular currency, which can contribute to hyperinflation.
Answer:
$3,280
Explanation:
The annuity factor of 11% at four years will be;
annuity = (1 - 1 / (1 +r)^n ) / r
annuity = 3.102
P = Pmt * annuity
P = 41,000 * 3.102
P = 127,182
If college graduate decided to buy a car then the annual yield that he receives from the investment in bonds will be opportunity cost.
$33,500 * 8% = $3,280
Answer: D Fiscal Policies
Fiscal policies refer the adjustments made by the government to tax policies and government spending in order influence the level of economic activity in a country.
The main aim of a fiscal policy is to stabilize the economy while trying to avoid the impact of excessive growth and recessions.
In the question, the government passed a bill that authorized spending on infrastructure, healthcare etc. This was done in order to increase employment and ultimately increase aggregate demand. Hence this is a fiscal policy.
Answer:
me i love zoom because i do it every day
Explanation:
