Currently, U.S. currency is fiat money with no intrinsic value. Thus the correct answer is B.
<h3>What is intrinsic value?</h3>
Based on the cash flows from an investment, intrinsic value calculates its worth. The difference between market value and intrinsic value is that the first tells you how much other people are prepared to pay for an item, while the latter reveals the asset's worth based on an examination of its real economic performance.
It can be used for purposes other than serving as a means of exchange, commodity money has intrinsic worth. Fiat money has no intrinsic value and is only used as a means of exchange because the government has sanctioned its use in that capacity.
Therefore, option B fiat money with no intrinsic value is the appropriate answer.
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The <u>Myers-Briggs type indicator</u> is the most widely used personality assessment instrument in the world.
The Myers-Briggs type indicator instrument is the most widely used personality assessment in the world. Some organizations have selected it as the personality instrument of choice across their training and development programs.
The Myers-Briggs type indicator is a self-assessment tool which lets people learn more about themselves and their jobs. Based on people's psychological preferences, it assesses how people view the environment and make decisions.
Hence, this personality assessment can help people understand their strengths and blind spots and how they might differ from others.
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The answer to the above question is - Collecting Requirements.
Collecting requirements helps in clearly defining and providing information on the features and the function of the products products and the processes used for manufacturing or creating them.
Answer:
d. Hexagon Inc. cannot be challenged in a court even when it fails to follow up on its promises.
Answer:
<h2>Spending on infrastructure projects is an example of <u>Discretionary Fiscal Policy</u> aimed at increasing real GDP and employment.</h2>
Explanation:
- A discretionary fiscal policy basically refers to the manipulation or adjustment of various fiscal instruments by the government such as public taxes and government spending.
- The aim of discretionary fiscal policy is to adjust the overall macroeconomic condition in any country based on the existing or current situation or scenario.
- Now,infrastructural spending is part of fiscal policy or instrument to adjust the macroeconomic condition of the country as reflected by necessary modification in the GDP and employment level.Hence, higher infrastructural spending by the government would expectedly increase the residential and commercial construction projects in the country thereby,enhancing the GDP and the employment level in the country and boost the overall economy.
