Fiat money is the term used to refer to money that has value because the government has declared that it is an acceptance means to pay debts.
Example of fiat money are paper money and coins with "this note is legal tender for all debts private and public."
Answer and explanation:
First, let's understand the difference between categorical and quantitative variables. A quantitative variable can also be called a numerical variable. As this name suggests, it involves numbers. It can be measured numerically and be used in calculations - this is important, because not everything that has numbers is used in calculations; take the zip code as an example. On the other hand, a categorical variable cannot be expressed numerically in the same way described above. It is related to a certain quality or characteristic of something. For instance, you can attribute the number one to a person who is sick and the number two to a person who is not sick. The numbers are just a representation of the qualities; they won't be used in calculations. Now, we can safely judge the options given:
The price in dollars of statistics textbooks. --> quantitative
The working status of a computer part (working/not working). --> categorical
The gender of faculty in the mechanical engineering department. --> categorical
The number of miles until failure of a certain brand of tires. --> quantitative
The political party affiliation of students at OSU. --> categorical
The time to complete an exam. --> quantitative
The shirt sizes of a running club. --> categorical
Answer:
Explanation:
Empirical evidence show that agricultural export, fiscal balance, gross fixed capital formation, population growth, inflation rate, total foreign trade, trade balance and current account balance are significant determinants of economic growth in the panel of these emerging market economies. .
Answer:
Rats, Lice, and Exhaustion
Explanation:
Trench life involved long periods of boredom mixed with brief periods of terror. The threat of death kept soldiers constantly on edge, while poor living conditions and a lack of sleep wore away at their health and stamina.
Answer: This excerpt is from the book The Great Gatsby written by written by American author F. Scott Fitzgerald.
In the book, the indication that Tom and Daisy are closely linked despite their marital difficulties is that Tom and Daisy are both quite set in their ways, are so used to wealth and living a luxurious life. They both belong to the "secret society", and do not associate much with the lower class.
