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valkas [14]
3 years ago
13

What is the difference between commodity money and fiat​ money?

Business
1 answer:
Eva8 [605]3 years ago
6 0

Answer:

Please see answer in the explanation below

Explanation:

Commodity money can be defined as money that its value comes from the commodity with which it was made. That is, commodity money is money that is gotten as a result of the material from which the money was made. Examples of these materials are silver, gold, etc. These materials have intrinsic value on their own as the materials have a worth of their own before being used to make currency.

Fiat money on the other hand is defined as money that is declared as the legal tender by the government. That means that fiat money is the money that is acceptable as a medium of exchange for goods and services as issued by the government. Fiat money does not have intrinsic value.

Cheers.

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Suppose a three-period weighted average is being used to forecast demand. Weights for the periods are as follows:
notka56 [123]

Answer:

D

Explanation:

Demand forecasting is being able to predict the future demand of a firms product. We calculate this by multiplying the weights of each of the period by its demand observed in the previous period and adding them together

To calculate the demand forecast for period t in this question;

(wt-3 × At-3) + (wt-2 × At-2) + (wt-1 × At-1)

=(0.2 × 2200) + (0.3 × 1950) + (0.5 × 2050)

= 440 + 585 + 1025

= 2050.

Therefore the correct answer is D.

2050 is the demand forecast for period t.

8 0
3 years ago
Wellman Company is considering investing in a two-year project. Wellman's required rate of return is 10%. The present value of $
yaroslaw [1]

Answer:

c. $155,320

Explanation:

The computation of the project cost is shown below:

= Cash inflow in year 1 × discount factor in year 1 + cash inflow in year 2 × discount factor in year 2

= $80,000 × 0.909 + $100,000 × 0.826

= $72,720 + $82,600

= $155,320

By multiplying the discount factor of each year with the cash inflow of that year, the present value of that year will come.

4 0
4 years ago
Who is this a random girl from the web or some one else
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7 0
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why is mutual fund investing a good idea for retirement, but not for your emergency fund or short-term savings?
Phoenix [80]

Investing your emergency fund into a mutual fund is not a good idea because mutual funds are unpredictable, and you can lose your emergency fund.

<h3>What are mutual-funds?</h3>

Mutual funds are the investment pool, where money is invested by many people ad than in profit, all people gain the profit and in loss people lose their money.

Investors buy shares in the mutual funds and combined called as portfolio.

Thus, Investing your emergency fund into a mutual fund is not a good idea because mutual funds are unpredictable, and you can lose your emergency fund.

Learn more about mutual-funds

brainly.com/question/9965923

#SPJ4

7 0
2 years ago
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