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gayaneshka [121]
3 years ago
14

The u.s. dollar is defined as: commodity money, because it is widely used to buy commodities. fiat money, because it was establi

shed as money by an act of law. faith money, because we trust the government to defend its value. commodity-backed money, because it is convertible to gold.
Business
1 answer:
nadya68 [22]3 years ago
5 0
The answer to this would be the second option. I can say that the US dollar falls under the category of FIAT MONEY. Fiat money is any money that is accepted as a form of payment wherein its value depends upon the demand and supply of the market, and not with its material. Hope this answer helps.
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Blue Ridge Bank has a PM of 12 percent, an interest income to total assets ratio of 6.00 percent, and a noninterest income to as
lakkis [162]

Answer:

8.10 Percent

Explanation:

= 0.12 * (6% + 1.50%) * 9

= 8.10%

5 0
3 years ago
What is plasticity? How does it apply to development?
yulyashka [42]
The ability of an organism to change in its environment. It applies to development by environmental interactions and neural changes influenced by learning.
8 0
3 years ago
Deanna purchased $24,000 worth of stock and paid her broker a 1% broker fee. She sold the stock when it increased to $29,100 thr
vazorg [7]

Answer:

Here:

Explanation:

Purchase price of shares = 24000

total purchase cost = price of shares bought + broker fees total purchase cost = 24000 + 0.01*24000 =24240

selling price of shares = 29100

total selling cost = price of shares sold - broker fees total selling cost = 29100 - 35 = 29065

Net proceeeds = total selling cost - total purchase cost Net proceeds = 29065 - 24240 = 4825

7 0
3 years ago
Which of the following statements about the relationship between the financial market and the economy is true?
azamat

I believe the answer is b. However I'm not quite sure. I think b would be the most reasonable answer.

7 0
4 years ago
Read 2 more answers
Andrew earns $45,300 in taxable income annually, and pays federal income taxes of $5,345. 40. What is Andrew’s net federal inc
ASHA 777 [7]

Based on the information given Andrew’s net federal income tax rate is c. 11.8%.

Using this formula

Net federal income tax rate=Federal income taxes / Taxable income

Where:

Federal income taxes= $5,345.40

Taxable income=$45,300

Let plug in the formula

Net federal income tax rate=$5,345.40/$45,300

Net federal income tax rate=0.118×100

Net federal income tax rate=11.8%

Inconclusion Andrew’s net federal income tax rate is c. 11.8%.

Learn more here:brainly.com/question/11886585

8 0
3 years ago
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