1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Katena32 [7]
3 years ago
12

Why is money effective and what are its different forms? What is the Federal Reserve and what its role?

Social Studies
1 answer:
STatiana [176]3 years ago
8 0

Explanation:

money is effective because Money has an energy of its own and it is largely attracted to people who treat it well. Money tends to flow toward those people who can use it in the most productive ways to produce valuable goods and services, and who can invest it to create employment and opportunities that benefit others.

forms: Money comes in three forms: commodity money, fiat money, and fiduciary money. Most modern monetary systems are based on fiat money. Commodity money derives its value from the commodity of which it is made, while fiat money has value only by the order of the government.

federal reserve of money: The Federal Reserve, as America's central bank, is responsible for controlling the money supply of the U.S. dollar. The Fed creates money through open market operations, i.e. purchasing securities in the market using new money, or by creating bank reserves issued to commercial banks.

role of money: Money serves as a medium of exchange, as a store of value, and as a unit of account. ... Medium of exchange. Money's most important function is as a medium of exchange to facilitate transactions.

You might be interested in
Which line from a political speech best illustrates a politician's use of connotative associations?
andreyandreev [35.5K]
The statement that best illustrates the use of connotative associations would be "<span>this legislation results in freedom for the noble troops who serve our country." Connotation, as defined, does not use the literal meaning of the word as described by the dictionary. It mainly associates with the emotional aspect of the word.</span>
5 0
3 years ago
Read 2 more answers
In 1947, the United Nations helped create a country
yKpoI14uk [10]
I think it's Palestine.
5 0
3 years ago
Read 2 more answers
Why were Sherman Grant and Lee all headed toward Richmond at the end of the war
Akimi4 [234]
Siege of Petersburg.
5 0
3 years ago
Read 2 more answers
HALP PLEASE ...... i beggg yhuuuuuu
rusak2 [61]

Answer:

c

Explanation:

7 0
3 years ago
from the Mesopotamians Jephthah 2. from the Moabites Shamgar 3. from the Philistines Othniel 4. from the Canaanites Gideon 5. fr
Murljashka [212]

Answer:  The correct answer: The periods of apostasy. The judges and the nation's the Israelites were delivered from

1.From the Mesopotamians ---------- Otoniel

2.from the Moabites ---------- Ehud

3.from the Philistines ---------- Samson

4.from the Canaanites ---------- Deborah

5. from the Midianites ----------- Gideon

6. from the Ammonites ----------- Jephtah

7. from the Philistines after forty years Samson ----------- Shamgar

7 0
3 years ago
Other questions:
  • Charlotte was born to a lower class family in rural pennsylvania. after taking a job in the mail room of a large corporate offic
    11·2 answers
  • A person leaves a singles' bar alone and later tells a friend, "There wasn't anyone interesting in the entire crowd." This is an
    8·2 answers
  • The role of acid rain In weathering?? ASAP
    11·1 answer
  • Select the correct answer.
    5·1 answer
  • Write a one-paragraph argument defending the statement below.
    14·2 answers
  • PLZ HELP ME!!!
    5·1 answer
  • Sociology question !!!!​
    10·1 answer
  • What are development of karnali Providence and their solutions​
    15·1 answer
  • What ways can resources be judiciously used
    5·1 answer
  • What does '' Innumerable '' Word mean!??​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!