What is meant by the term commodity money? The use of coins to purchase commodities. A...
Homework Answers
Commodity money refer to the money which is composed of commodities. For example, gold coins. The gold coins has an intrinsic value (which is the value of gold used to make the coin).
It need not be just metallic coins. It could be other items like even cigarettes. It is not a certificate of deposit nor is it a share invested in commodities.
Thus, the answer is the last option - it is a type of money that can also function as a commodity
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What is meant by the term commodity money?
The use of coins to purchase commodities.
A...
(a) What is the difference between ‘commodity money’ and ‘fiat’ money? Give examples of each. (2...
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Suggested Topics for Discussion: - What is meant by the term time value of money? -...
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Certificates of Deposit and Effective Annual Yield Your money earns interest at a higher rate when...
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Suppose Janice takes $4,000 in coins to the bank to deposit into her checking account. Assume...
Suppose Janice takes $4,000 in coins to the bank to deposit into her checking account. Assume the reserve requirement at all banks is 20%. When Janice deposits the $4,000 into the bank, the bank can lend Mary, another one of the bank's customers, $ Suppose Mary takes the loan and use it to buy a used car from Susan. When Susan deposits the check in her bank, Susan's bank can lend $ to Eva, another one of the bank's customers....
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5. What is meant by the term "cross section" in nuclear chemistry? (Use pictures if you'd...
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Bob Orleans invested $3.000 and borrowed $3,000 to purchase shares in Verizon Communications. At the time...
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Explain what is meant by the term drip line. Sketch the nuclear potential for protons and...
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Suggested Topics for Discussion: - What is meant by the term time value of money? - Why is the net present value method superior to other methods such as the payback and simple rate of return methods? Start a New Thread MacBook Air GOD CSC 20 * # 3 $ 4 % 5 & 7 9 C 2 Q W E R T Y U V D А. F S G J H K
Certificates of Deposit and Effective Annual Yield Your money earns interest at a higher rate when you buy a certificate of deposit than it does when you invest it in a regular savings account. Most certificates eam interest compounded daily. The annual yield is the rate at which your money earns simple interest in one year. INTEREST EARNED - AMOUNT - ORIGINAL PRINCIPAL INTEREST FOR ONE YEAR PRINCIPAL ANNUAL YIELD - Use the table below to answer the problems. AMOUNT...
Suppose Janice takes $4,000 in coins to the bank to deposit into her checking account. Assume the reserve requirement at all banks is 20%. When Janice deposits the $4,000 into the bank, the bank can lend Mary, another one of the bank's customers, $ Suppose Mary takes the loan and use it to buy a used car from Susan. When Susan deposits the check in her bank, Susan's bank can lend $ to Eva, another one of the bank's customers....
5. What is meant by the term "cross section" in nuclear chemistry? (Use pictures if you'd like.)
Bob Orleans invested $3.000 and borrowed $3,000 to purchase shares in Verizon Communications. At the time of his investment Verizon was selling for $47 a share a. Bob paid a commission of $30, how many shares could he buy if he used only his own money and did not use margin? (Round your answer to 1 decimal place.) Number of shares b. Bob paid a commission of 560, how many shares could he buy if he used his $3,000 and...
Explain what is meant by the term drip line. Sketch the nuclear potential for protons and neutrons as a function of radial distance Use your sketch to esplain why it is possible to have more than one proton-emitng sotope for a heavy element and why a decay often prevails over proton emission. g isotope
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