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Sladkaya [172]
3 years ago
13

Why is $1,000 in five years worth less than $1,000 today?

Advanced Placement (AP)
2 answers:
ser-zykov [4K]3 years ago
4 0

Answer:

inflation as prices go up. salary

never [62]3 years ago
3 0

Answer:

inflation

Explanation:

As a country prints more money the buying power of the money decreases because their is simply more of it. It's like apples, the more apples in a community the less valuable each individual apple becomes because they are less rare than the year before, same goes for the amount of money in a country. The more money in a country, the less valuable it is because it is no longer as rare.

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the population of kenya as of 2009 was about 38.8 million. what percent of the world's population is this?
Doss [256]

Answer: 0.57%

Explanation:

It was estimated that the world population in 2009 was 6.8 billion people.

Kenya is 38.8 million.

This means that Kenya's population as a percentage of world population was:

= 38,800,000 / 6,800,000,000 * 100%

= 0.57%

8 0
3 years ago
Which institution dominates other social institutions according to institutional anomie theory? A. education B. family C. polity
olga nikolaevna [1]

economy dominates other social institution according to institutional anomie theory.

8 0
2 years ago
Until about the _______ century, music was transmitted orally, not in written form.
sammy [17]
Your answer is (A),the tenth century 
Hope this helps!
5 0
3 years ago
Why did the U.S. dollar become a substitute for gold in international markets during the 20th century?
Leviafan [203]

Answer:

The correct answer is C. The United States declared that the U.S. dollar was fiat currency .

Explanation:

Fiat money is money that has no inherent value. The value of fiat money is based on the institution that issues this money saying that it is worth something. In practice, the department is always a state. Fiat money has no coin base or is said to have a paper coin base and has only limited coverage of, for example, a gold reserve. Most currencies in the world today are fiat money, such as US dollars.

When in 1971, during the Nixon government, America abandoned the dollar's parity with the gold standard, the dollar became a fiat currency, and with the passage of time, the main international reserve currency.

4 0
3 years ago
Read 2 more answers
Name the countries in Great Britain?
prohojiy [21]

Answer:

England and scotland

Explanation:

Sorry if i wrong

5 0
2 years ago
Read 2 more answers
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