Answer: The East River itself was used as natural boundary point by the early surveyors dividing up the many grants of land given to the pioneers. Plots ranging from 100 to 500 acres were established along the riverbank and expending in a rectangle shape upwards to the valley hills and beyond. In the year 1784, our major East River towns of New Glasgow ...
Explanation:
The value of Fiat currency is a nation's credit, and that is because it is used to clear off debt by the citizens of a nation.
Fiat currency is, thus, a government issued-currency that is not supported by physical commodity, such physical commodity can be gold or silver.
The value of fiat money then is gotten from the relationship between supply and demand and the stability of government issuing it instead of the worth of a commodity that backs it.
For example, the United states dollar, euro and many world currencies are all fiat currency.
Government, historically, mint coins from valuable physical commodity and print paper money that could be redeemed for a particular amount of physical commodity.
In the case of inflation or hyperinflation, fiat money tends to loose value and this is because it is not connected to physical reserves such as gold or silver. if people lose faith in the country's currency, it tends to lose its value.
This is entirely different from currency that is backed by gold mainly because the demands for products made of gold such as jewelries, computers, electronic devices and aerospace vehicles are very high.
Fiat currency is issued by most government as legal tender for the purpose of debt repayment
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KEYWORDS:
- fiat money
- gold or silver
- currency
- government
- debt
- physical commodity
- legal tender
They were probably called legends. not sure.
Answer:
Explanation:
A plague is an infectious disease that spreads among a
large population of people.
• Plagues can be spread in one of two ways: through
direct physical contact, or by airborne transmission.
• The spread of Bubonic Plague, or Black Death,
originated in Asia. Mongol armies spread the disease
throughout China as they conquered cities during the
1200s.
• As the Mongols expanded the boundaries of their
empire into Europe, they carried the plague with
Answer:i think it is B because
it the right awner
Explanation:
