Currently, U.S. currency is fiat money with no intrinsic value. Thus the correct answer is B.
<h3>What is intrinsic value?</h3>
Based on the cash flows from an investment, intrinsic value calculates its worth. The difference between market value and intrinsic value is that the first tells you how much other people are prepared to pay for an item, while the latter reveals the asset's worth based on an examination of its real economic performance.
It can be used for purposes other than serving as a means of exchange, commodity money has intrinsic worth. Fiat money has no intrinsic value and is only used as a means of exchange because the government has sanctioned its use in that capacity.
Therefore, option B fiat money with no intrinsic value is the appropriate answer.
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Answer:
Gain = $150,000
Explanation:
Given:
Contribution = $200,000
Exchange stock = $300,000
Cash = $50,000
Find:
Gain
Computation:
Gain = Exchange stock + Cash - Contribution
Gain = $300,000 + $50,000 - $200,000
Gain = $150,000
Answer:
$21,000,000
Explanation:
Ratio is used in allocating the research and development cost
This is the expression of relationship between two or more data showing the number of times one data contains or is contained in another data
Total research and development cost = $60,000,000
Revenue
Kentucky = $56,000,000
Arizona -= $ 100,000,000
Illinois = $84,000,000
Total = $240,000,000
Illinois allocation of research and development cost=
84,000,000/240,000,000*60,000,000 =$21,000,000
Answer:
False
Explanation:
When you buy on margin you are borrowing money from your broker in order to purchase securities. The advantage of buying on margin is that you can purchasing a larger amount of stocks, but that also increases the risk of your investment as well as the potential returns.
As Nepal is investing less in capital goods so as to shift the PPF of America outward quicker in comparison to Nepal which is extra eating. the answer is "C".
Capital goods are bodily assets that a company makes use of within the manufacturing process to fabricate products and services that consumers will later use. Capital goods include buildings, equipment, system, automobiles, and gear.
Capital goods check with merchandise that can be used within the manufacturing of other merchandise but isn't included in the brand new product. these consist of gadget tools, commercial equipment, method plant gadget, production & mining gadget, electrical system, fabric equipment, printing & packaging machinery, and so on.
Capital items are the assets used by agencies within the course of producing their services and products and can consist of homes, equipment, gear, and equipment.
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