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Fantom [35]
4 years ago
9

In the late​ 1940s, the Communists under Mao Zedong were defeating the government of China in a civil war. The paper currency is

sued by the Chinese government was losing much of its​ value, and most businesses refused to accept it. At the same​ time, there was a paper shortage in Japan. During these​ years, Japan was still under military occupation by the United States. Some U.S. troops in Japan realized that they could use dollars to buy up vast amounts of paper currency in​ China, ship it to Japan to be recycled into​ paper, and make a substantial profit. Under these​ circumstances, was the Chinese paper currency a commodity money or a fiat money?
Business
1 answer:
Softa [21]4 years ago
5 0

Answer:

fiat money

Explanation:

yes

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Answer:

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A fixed position layout is where a product to be produced remains in a certain spot or location but the workers needed to work on the product , including machinery are moved to the place where the product is to be produced as at when required. This is because there may be limited space at the project site, hence component parts of the product to be manufactured are then coupled at other site and taken to the product site.

An example of fixed layout is the construction of dams, shipbuilding, buildings etc. A fixed position layout is most suited for heavy and fragile products.

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Using a cost-benefit analysis to make ethical decisions about research reflects a(n) Utalitarian perspective.

<h3>What Is Utilitarianism?</h3>

The term  Utilitarianism is known to be a kind of a theory that is based on morality and this is known to be one that tends to advocates for actions that brings about happiness or pleasure and it is one that is against actions that leads to unhappiness or harm.

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In the bond market if the government imposes a limit on the amount of daily transactions, liquidity of bonds relative to other assets will​ decrease, increasing the interest rate and lowering​ bond's prices.

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