1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bogdanovich [222]
3 years ago
12

In the fourteenth century, the Western African Emperor Kankan Musa traveled to Cairo where he gave away much gold, which was in

use as a medium of exchange. We would predict that this increase in gold:______.a. raised both the price level and the value of gold in Cairo. b. raised the price level, but decreased the value of gold in Cairo. c. lowered the price level, but increased the value of gold in Cairo. d. lowered both the price level and the value of gold in Cairo.
Business
1 answer:
Natalka [10]3 years ago
7 0

Answer:

b. raised the price level, but decreased the value of gold in Cairo

Explanation:

In this case, its most likely that inflation would occur because there was a sudden influx of gold into the market thereby reducing the price level of goods because there will be an increase in demand, which if it exceeds supply will increase price. This would further reduce the value of gold in the market because of the unexpected arrival in the market.

You might be interested in
"what developed country is projected to have the steepest decline in population between now and 2050?"
weeeeeb [17]

The answer is Japan. It is decreasing at a record pace. The country lost 244,000 people in 2013 as births jumped and deaths increased. It faces the vision of losing a third of its population in the next 50 years, raising uncertainties about its economic prospects and labor market.

5 0
3 years ago
What are the three parts of the federal reserve system
Mnenie [13.5K]
The Board of Governors, the Federal<span> Open Market Committee, and 12 regional </span>reserve<span> banks.</span>
3 0
3 years ago
What is income not used for consumption called?
inna [77]
The answer to the question above is letter C. The income that is not used for consumption is called a SAVINGS. Saving consist of the amount left over when the cost of a person's consumer expenditure is subtracted from the amount of disposable income he or she earns.
6 0
3 years ago
Lisa loves to draw and has a good eye for what is visually appealing. She wants a job where she can work independently, and poss
Phantasy [73]

Answer:

D. Graphic designer​

Explanation:

Graphic designers use visual arts such as images, words, and graphics to communicate with their audience. They may use hand or computer software to create captivating messages that inform, inspire, and attract customers' attention.

The objective of marketing is to make customers interested in the company's products. Graphic designers can use their talents to create charming visual arts to make customers want to buy a company's products. Graphic designers can be employed, but the majority work as independent contractors. Lisa has the skills to be a graphic designer. She can practice her talent as a self-employed individual.

8 0
2 years ago
Read 2 more answers
Challenges that has made some of them go into liquidation with takeovers all over the country. Examine the processes for the acq
xxMikexx [17]

Answer:

The given statement is true, that can be defined as follows:

Explanation:

They continue always to have a supervisor unless the financial are all, which collapses to regulation is criticized in constructing practices and regulations for the divestiture lock, so if the international banks repatriate throughout a nation, which results in monetary uncertainty in the world, they take the required measures to cope with both the problems faced by the moon inside the economic system.

The financial and monetary system of a nation is controlled and corrective actions are taken to resolve moon-facing financial problems through the liquidation of banks. Its national economy is collapsing with just a regulator, but any money problems emerge in a difficult area unit to control.

5 0
3 years ago
Other questions:
  • Which of the following describes the effect of the purchases that consumers
    10·2 answers
  • When a product or service is delivered for which a customer advance has been previously received, the appropriate journal entry
    6·1 answer
  • If the “exact” terms of the listing agreement are met, the listing broker is entitled to a commission, even if the:
    8·1 answer
  • Cost of goods sold is obtained from _________.
    11·2 answers
  • What are three of the common factors that make local economies different?
    11·1 answer
  • The tool that is used in situations when programmed decision making is appropriate is a _____ plan.
    15·1 answer
  • What is the award recieved after completing a four year undergrad program called?
    10·1 answer
  • In the country of Mashwen, the state owns key industries such as energy andtransportation. The rest of the industries are privat
    9·1 answer
  • Question 9 of 10 Which of the following is a good example of responsible concern for consumer rights? O A. A construction compan
    11·1 answer
  • Name two kind of businesses that you could start in the fashion industry and explain what skills you would need to start them.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!