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RoseWind [281]
4 years ago
11

Which best explains the difference between fiat money and commodity money?

Business
2 answers:
kirill [66]4 years ago
8 0

Fiat money is paper money that has been made legal by a government decree. This is government-issued money but there is no silver or gold value backing it up. Commodity money is money that comes from the commidity in which the money is made. The objects have value within themselves and can changed based on the value of the object.

lana [24]4 years ago
4 0

Answer:

Commodity money can be used for some other purpose while fiat money can only be used as a medium of exchange

verified on  a p e x

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andrey2020 [161]

Answer:

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Explanation:

4 0
4 years ago
As of july 2013, the population of the united states was 3.164 × 108, and the national debt was 1.674 × 1013 dollars. how much w
svetlana [45]
Given:Population of the US: 3.164 x 10^8National Debt 1.674 x 10^13
What we are looking for: person’s share of the debt.
Solution:To solve this, just divide the national debt to the number of people of the us, (which is the population of the US)

1.674 x 10^13 divided by 3.164 x 10^8

Answer is: $52,907.71 is the share of each person.
6 0
3 years ago
pre-writing is important for all of the following reasons except: a. it is where the ideas are generated. b. it gets ideas down
evablogger [386]

Answer: C it forces the writer to be specific early in the process

Explanation:

just did it

3 0
3 years ago
Read 2 more answers
which of the following best describes message flows? Multiple Choicea) message flows are continuous with each poolb) message flo
Law Incorporation [45]

Answer:

message flows are modeled with solid arrows

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In Business Process Model and Notation (BPMN), message flows are used in the collaboration diagram to show how two or more distinct processes within the model, communicate and collaborate with each other without any form of central control.  

Dash lines together with an empty circle are used for the message flow to show where the message comes from and an empty arrow head is used to show where the message would be terminating in the model.  

3 0
3 years ago
using pricing, a company initially charges a low price, both to discourage competition and to grab a sizeable share of the marke
OleMash [197]

Using penetration pricing, a company initially charges a low price, both to discourage competition and to grab a sizeable share of the market.

In order to attract customers, the penetration pricing approach entails launching a new good or service at a cheap price. Gaining market share and aggressively attracting clients through low costs are the objectives. In a pricing strategy known as penetration pricing, a product's price is first set very low to quickly reach a large portion of the market and spread word of mouth. The tactic relies on the notion that consumers will transfer to the new brand as a result of the price reduction.

When companies launch a low price for a brand-new good or service, this is known as penetration pricing. Competitors are compelled to match the offer or immediately implement alternative techniques since the first price undercuts it. Customers of rivals could switch to the less expensive product.

Learn more about penetration pricing here: brainly.com/question/3521758

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5 0
1 year ago
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