Fiat money is backed by gold.true false

Assignment Help Business Management

Reference no: EM13723207

1. Fiat money is backed by gold.True False2. Money is a medium of exchange.True False3. The most important characteristic of money is its acceptability for purchase of goods andservices.True False4. When currency is stable, it provides no incentive to save.True False5. The three important functions of money are that it serves as a medium of exchange, ameasure of value, and a store of value.True False

Reference no: EM13723207

Questions Cloud

Differentiate between major benefits and potential pitfalls : Question 1: From the case study and e-Activity, differentiate between the major benefits and potential pitfalls of sourcing from Thailand for Blades after conducting your country risk assessment.

Compare the difference between job satisfaction : Compare the difference between job satisfaction and organizational commitment. Determine which is more strongly related to performance for your selected company.

Write an essay on joseph mccarthy : Please identify and write out, in three complete sentences, who, what where, when, and historical significance of Joseph McCarthy, Battle of Midway and Battle of Stalingrad.

What is job evaluation and how is it used : What is job evaluation, and how is it used by compensation professionals? Discuss the various techniques used in job evaluation

Fiat money is backed by gold.true false : 1. Fiat money is backed by gold.True False2. Money is a medium of exchange.True False3. The most important characteristic of money is its acceptability for purchase of goods andservices.True False4. When currency is stable, it provides no inc..

Find the mean utilization percentage of call center employee : A customer service center has customers call with questions about the use of a product. what is the mean utilization percentage of the call center employee answering the phones (the server in this system)

How does the market-driven illustrate that hr has strategic : How does the market-driven illustrate that HR has strategic , operational, and administrative roles at SYSCO".

Case study on business managerial field : Case Study on business managerial field. External environment : include how the refinery fits at the corporate level,who his stakeholders are and how MacGregor manages this external environment.

Product and service innovation management : Product and Service Innovation Management - Describe your product concept, giving a clear functional definition. Ideally, you should be able to describe your concept in a few clear sentences:

User Account

All Pages