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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44.6% im doing a test and i just clicked this answer and it correct so you should write down 44.6
B. Command economy
This is because this is exactly what. Command economy does
Answer:
D. The difference between the rate of return earned on assets (ROI) and the rate of return earned on stockholders' equity (ROE)
Explanation:
To calculate the amount that Sophie will have at the end of 10 years given that she deposited $2000 that earns a rate of 8% will be given by:
A=P(1+r/100)^n
where;
A=future amount
P=principle
r=rate
n=time;
from our question;
P=$2000
r=8%
n=10 years;
Thus;
A=2000(1+8/100)^10
A=2000(1+0.08)^10
A=2000(1.08)^10
A=4,317.85
Therefore at the end of 10 years Sophie will have $4,317.85
