what is the term that describes a form of money that has no intrinsic value and is money by government decree?

Answers

Answer 1

Fiat money normally does now no longer have intrinsic value and does now no longer have use-value value.

What do you know about Fiat money?

Fiat money is government-issued forex that isn't supported via way of means of a bodily commodity, along with gold or silver, however as a substitute via way of means of the authorities that issued it.

It has value only due to the fact the people who use it as a unit of account – or, withinside the case of currency, a medium of exchange – agree on its cost.

Thus, fiat money is the term that describes a form of money that has no intrinsic value and is money by government decree.

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Related Questions

PLS HELP I NEED HELP WITH THIS PLSS


What is special about 8 of the 11 states in the Northeast region?
Group of answer choices

They do not touch any body of water.

They are among the largest states in the country.

They are the hottest states in the country.

They are among the smallest states in the country.

Answers

They’re among the smallest states in the country

To assess the personality traits of a group of 5-year-olds, researchers use puppets to illustrate different personality traits. Children are then asked to pick the puppet that best matches their personalities. This is an example of ________ data.

Answers

In this example of evaluating psychometric data, we can say that S data, or also called self-report data, were used.

What are S data?

They correspond to the collection of data related to an individual's personality, which can help in various institutions and organizations, such as the HR department, and in the assessment of political trends.

As an advantage, the collection of data S is fast and economical, but because it is focused on self-report, it may include some judgments that do not correspond to reality.

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A group of 625 students has a mean age of 15.8 years with a standard deviation of 0.6 years. The ages are normally distributed. What is the probability that a randomly selected students are older than 16.5 years old?

A. 12.1%
B. 86.4%
C. 87.9%
D. 13.6%

Answers

i think the final answer is 13.6%

What form of government does south africa currently have?.

Answers

Answer:  Parliamentary republic.

Explanation:  Three-tier system of government and an independent judiciary.

How were the Ghana, Mali and Songhai empires the same? How were they different?

Answers

Answer:

They established many political ties with many Arab countries and nearby African societies. These three nations shared abundantly cultural similarities from just the rise of Islam. All three of them shared the standard lifespan of incredible growth, expansion of wealth and resources, and then finally ending.

Explanation:

ᴛʜᴀᴛs ɪs ᴀ ᴀɴsᴡᴇʀ

Worth 25 points!! There is no image btw if you were wondering.
Compare the emergence of advanced civilizations in Meso and South America with the four early river valley civilizations.

How were ancient Native American leaders similar to ancient Egyptian leaders?

Group of answer choices

A.Leaders of both cultures controlled the local economy.

B. Leaders of both cultures used a system to control society.

C. Leaders of both cultures were elected by the people.

D. Leaders of both cultures were worshipped as gods.

Answers

Answer:

B

Explanation:

how are ancient native American leaders similar to ancient Egyptian leaders? leaders of both cultures used to system to control society. religious ideas from which ancient river valley civilization includes ideas that are most like the beliefs of ancient native Americans?

Answer:

I would say B :D hope this helps. , sorryif im wrong..

Explanation:

A diagram of a Human digestive system​

Answers

Answer:

it would be obvious you didnt make the diagram yourself, but all you need to do is make a mouth moving down to a stomach and then small and large intestines

see the attachment

hope it helps....!!!


a. which type of ball bounces the highest after being dropped
onto the ground? independent variable dependent variable

Answers

The independent variable is the "ball being dropped" and the dependent variable is "How high it bounces".

What are an independent variable and a dependent variable?

An independent variable is a variable that relates to the cause and the dependent variable is a variable that produces the desired effect in a research study.

The independent variable can be manipulated or controlled in order to study the effect that will be produced.

From the given information;

The independent variable = The ball being droppedThe dependent variable = How high it bounces

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The massive military buildup initially formed to protect saudi arabia from the possibility of invasion was called ___________________________. group of answer choices

Answers

Answer:

The massive military buildup initially formed to protect Saudi Arabia from the possibility of invasion should have been operation desert shield. It occurred during. Aug 2, 1990 – Jan 17, 1991. I'm very sorry if I'm wrong and goodluck!

Explanation:

operation desert shield on august 7th -8th

Which strategy from the black civil rights movement was not commonly used by other movements a.working on expanding civil right laws b.protesting discrimination and inequalities c.boycotting unjust laws or businesses d.setting up free breakfast programs

Answers

Answer: D!

Explanation:

just took this quiz!

Help! Please. Fast!
Why did Mohandas Gandhi encourage people to practice nonviolence during their struggle for independence?
He feared being imprisoned for breaking the ritish government's laws.
He was devoted to the teachings of Buddhi, which teach against violence.
He had terrible experiences fighting in Wo: War II, which made him against violence.
The British violence against protestors ledore people to join the Nationalist movement.

Answers

Answer:

Gandhi called it "satyagraha" which means 'truth force. ' In this doctrine the aim of any non-violent conflict was to convert the opponent; to win over his mind and his heart and pursuade him to your point of view.

Explanation:

Which social problem did the nation face at the end of the civil war?.

Answers

Answer:
The existence of 4 million freed slaves without money, education, or job skills.

You stopped sharing sensitive information with your roommate because she would often use it to attack you later. Your roommate is guilty of what type of listening

Answers

When you stop sharing sensitive information with your roommate because she would often use it to attack you later is a Defensive listening.

What is Defensive listening?

Defensive listening is a type of listening whereby someone takes your comments and use it against you.

Therefore, Defensive listening is a way to curb the issue of people creating wrong impressions from simple comments.

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What is the most important advantage that e-mail and texting have over handwritten letters? reliability of delivery security and safety speed of delivery

Answers

One of the most important advantages of e-mail and texting over handwritten letters is C. speed of delivery.

What is the advantage of e-mail over handwritten letters?

E-mail and texting are formal and written means of communication, just like handwritten letters.

One advantage of e-mail and texting over handwritten letters is the speed of delivery.

Thus, one of the most important advantages of e-mail and texting over handwritten letters is C. speed of delivery.

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Answer:

speed of delivery.

and the next one is Tablets are replacing textbooks in schools.

Edge 2020

a ________ offers an item for free or at a bargain price to reward some type of behavior, such as buying, sampling, or testing.

Answers

Answer:

A premium

Explanation:

A premium offers an item for free or at a bargain price to reward some type of behavior, such as buying, sampling, or testing.

The amount of fuel used by jumbo jets to take off is normally distributed with a mean of 4, 000 gallons and a standard deviation of 125 gallons. A sample of 40 jumbo jets are randomly selected. What is the probability that the mean number of gallons of fuel needed to take off for a randomly selected sample of 40 jumbo jets will be less than 3, 950 gallons?

A. 78.1%
B. 34.5%
C. 2.5%
D. 0.57%

Answers

given that

Mean μ= 4000 gallons

Standard deviation σ = 125 gallons

Number of trials x = 3950 gallons

What is the formula for a z-score?

Z-score = (x-μ)/σ

Z-score = (3950-4000)/125

Z-score = -0.4

So probbaility P(x<3950) = P(z<-0.4)

From the standard normal table,

P(x<3950) = 0.66

17. When did Maoist start armed revolution?

Answers

Answer:

February 13th, 1996

According to solomon asch's and other research results concerning conformity, all of the following increases an individual's tendency to conform except __________. please select the best answer from the choices provided if group agreement is unanimous if culture encourages accordance with social standards if one is feeling secure and competent if the group has high status

Answers

Base on solomon research, if one is feeling secure and competent, it cannot bring about conformity.

What is conformity?

conformity can be regarded as a case whereby individuals decide to bow to pressure by changing their belief to suite their group.

Therefore, if feelings are involved , it will be hard for someone to conform easily.

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Answer:

C

Explanation:

Which factor of production is being under utilized when unemployment is a problem?
A entrepreneurs
B. labor
C.land
I need help ASAP which one is the correct answer

Answers

Answer:

A entrepreneurs

Explanation:

The general condition in which resources are willing and able to produce goods and services but are not engaged in productive activities. While unemployment is most commonly thought of in terms of labor, any of the other factors of production (capital, land, and entrepreneurship) can be unemployed.

Answer: Labor

Explanation: When unemployment is a problem, labor is being under-utilized. Unemployment happens when there are more workers than jobs available.

The id, ego, and superego are the three levels of awareness according to freud. please select the best answer from the choices provided t f

Answers

According to Sigmund Freud, there are three levels of awareness which are the Id, Ego, and Superego so this is True.

What did Sigmund Freud believe?

Sigmund Freud believed that the human mind was aware in three forms with the Id being the primitive part of the mind that contains our raw animal nature.

The ego is the part that preaches mediation between the id and the superego which is where our morality is decided.

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States and cities spent about the same amount on which budget category in 2015? public welfare higher education roads and highways health and hospitals

Answers

In the year 2015, states and cities spent similar amounts on health and hospitals.

What category saw similar fiscal spending in 2015?

A peculiar scene played out in 2015 when most cities and states spent about the same amount on health and hospitals.

The reason for this was federal government measures that championed the need for medical access to be increased to Americans.

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Who was the educated group during the medieval times?​

Answers

Answer:Monks and nuns were generally the most educated people during the Middle Ages.

Explanation:

A car traveling at a speed of 30.0 m/s encounters an emergency and comes to a complete stop. How much time will it take for the car to stop if it decelerates at 4.0 m/s2? (Time is always position

Answers

Answer:

7.5 secs

Explanation:

a= -4m/s2

v= 0

u=30 m/s

a=(v-u)/t

-4= (0-30)/t

t= -30/-4

=7.5 secs

Why was the 1469 marriage of Ferdinand and Isabella important? HELPPP

Answers

Answer:

Ferdinand of Aragon marries Isabella of Castile in Valladolid, thus beginning a cooperative reign that would unite all the dominions of Spain and elevate the nation to dominant world power.

Many groups experience polarization, which is when opinions become more and more extreme. please select the best answer from the choices provided t f

Answers

When opinions held by people in a certain group become more extreme, this can lead to polarization so this is TRUE.

How does polarization come about?

Polarization refers to when people in a certain group, being to divide themselves into smaller groups that follow a certain ideology.

This comes about when the opinions that these people hold, become more and more extreme such that they feel they must relate with those who share their beliefs.

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what is the difference between mutualism and commensalism?

Answers

Answer:

mutualism is where both organisms benefit.

commensalism is where one benefits and the other is unaffected.

how many people are there in the u.s. on a waiting list for an organ transplant?

Answers

Answer: There are "Currently over 106,000 people in the U.S. on the waiting list for an organ transplant.

Explanation: Over 106,000 people

Most relationships will enjoy equal amounts of intimacy, passion, and commitment. please select the best answer from the choices provided t f

Answers

It is a false statement that every relationships have an equal amounts of intimacy, passion and commitment at same time.

What is Intimacy, passion & commitment?

These are all components of romantic love but are not always present in equal amounts.

Therefore, It is a false statement that every relationships have an equal amounts of intimacy, passion and commitment at same time.

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Why are humans biologically capable of socialization?

Answers

Answer:

Explanation:

Human have biological drives or impulses such as hunger, thirst, etc, rather than instincts. This absence of instincts makes humans dependent on social direction and their behaviors are amenable to such direction. The open-endedness of humans is thus the biological ground for social conformity.

Explanation: The open-endedness of humans is thus the biological ground for social conformity.

hope it helps

State the efficient quantity of the utility industry in south africa . justify your answer.

Answers

The efficient quantity of the utility industry in South Africa is on average because the basic amenities are provided to those who need them.

What is an utility industry?

This is a sector on an economy ensures the provision of basic amenities such as water, sewage services, electricity, dams to the people.

Some example of the companies that falls under the utility industry includes:

energy and electricity companieswater companiessanitation and waste disposal companies etc

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