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guapka [62]
3 years ago
9

Compare and contrast the terms "Fiat Money" and "Commodity Money".

Business
1 answer:
sergij07 [2.7K]3 years ago
3 0

Answer:

Commodity money has some intrinsic value due to the content of precious metal it is made up of or backed by, but debasement or increases in precious metal supply can cause inflation.

Fiat money is backed only by the faith of the government and its ability to levy taxes.

Hope this helped you compare and contrast

Explanation:

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Last year, Alfred's Automotive had a price-earnings ratio of 15 and earnings per share of $1.20. This year, the price earnings r
drek231 [11]

Answer:

Investors’ outlook for the firm has improved.

Explanation:

Computation of Market price.

MPS = PE ratio ×  EPS

⇒ MPS (Previous) = $1.20 × 15

⇒ MPS (Previous) = $18

⇒ MPS (Current) = $1.20 × 18

⇒ MPS (Current) = $21.60

So, we say that the market price has increased.

Investors’ outlook for the firm has improved.

6 0
4 years ago
International trade currently involves about ______________ worth of goods and services moving around the globe.
nordsb [41]

Answer:

$20 trillion

Explanation:

International trade can be regarded as exchange of capital as well as goods, and services between different international borders/ territories. This is so since there would always be a need or want for a particular goods or services. In most countries,gross domestic product are been represented. Types of international trade are;

1)Export Trade

2)Entrepot Trade.

3)Import Trade

It should be noted that International trade currently involves about $20 trillion worth of goods and services moving around the globe.

4 0
3 years ago
Finance
In-s [12.5K]
The answer is  A. "lack" is a negative word and it is the only drawback.
5 0
3 years ago
Why are business transctions important
Jet001 [13]

Answer:

Good records allow you to identify all of your assets, expenses, income, and liabilities. This lets you see the strengths and weaknesses of your business, which will enable you to make better financial decisions. Accurate accounts give real-time data for better reporting and forecasting.

HOPE THIS HELPED!!!!!!!!!!!!!XDDDDDDDDDDD

6 0
3 years ago
Jose wants to be sure he maintains a high credit score as he is planning to buy a new car soon. What should be do to ensure his
jolli1 [7]
<span>Jose wants to be sure he maintains a high credit score as he is planning to buy a new car soon. What should be do to ensure his score stays high, allowing him to buy his dream car?

A Open a savings account at the local bank.

B Pay off his credit card balance each month.

C Test drive several cars before deciding which to buy.

D All are things he should do to increase or maintain his credit score.

The answer is D.

</span>i think that the answer is D because it depends on what Jose pefers to do.\

And it makes sense.... if im wrong just comment and tell me.
3 0
3 years ago
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