Fiat money is O A. a currency that is protected with computer codes B. a currency that is not convertible to a physical copmmodity OC. something that is used as legal tender that is backed by a physital commodily like gold or siMer D. something that is used as legal tender by govemment dectee and is not backedbya physical commodity

Q: Which of the following is the MOST liquid of the assets?   a.M1 b.Cryptocurrencies c.M2…

A: The liquidity of assets indicates the time taken by an assets to convert in the cash. If an asset…

Q: Don't use ai to answer I will report your answer Solve it Asap with explanation and calculation

A: Role of MoneyMedium of ExchangeUnit of AccountStore of ValueShen can easily determine that the price…

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A: Key references: Davis, P. J. (2019). To return the funds at all: global anticorruption, forfeiture,…

Q: A checking deposit in a bank is considered that bank. a liability an asset O net worth O capital of

A: Banks accept deposits from people and give these deposits on loan to the borrower. Interest rates…

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A:

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Q: What is barter system in an economy and what are its drawback!

A: According to the given question Actually before the evolution of given money goods were actually…

Q: Discuss the difficulties that Money Laundering, Terrorism Financing and/orProliferation Financing…

A: Approach to Solving the Question:Introduction: In the first step, it is necessary to discuss the…

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A: Financial institutions: - Financial institutions are the companies that indulge in providing…

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A: 1. When a dealer places a temporary hold on an account, there are a number of factors that that must…

Q: Which of the following is money?

A: Introduction "What is money?" has been one of the important debates in mainstream economic theory .…

Q: etermine showing all calculations which supermarket will be the best value for money

A: Given:

Q: What is a barter system in any economy and what are its drawbacks??

A: Definition: A barter system is called an old method of exchange. This system has been rehearsed for…

Q: if the reverse requirements is 8% and a banker's new deposit are$50.what is the M1 money supply

A: According to the question the value of Reverse requirements = 8% or 0.08   Also the New deposit =$50…

Q: AB ans

A: Step 1: T-Account for a bank: Assests Liabilities and capital Reserves $1.2 billlion Deposits $12…

Q: Suppose that the reserve ratio for checkable deposits is 0.10, the reserve ratio for savings and…

A: Excess reserves defines the amount of funds that a bank holds beyond the required reserve, providing…

Q: If Tiffany redeemed a bond that earned 5% interest over the past 10 years, which function of money…

A: Money is any record being verifiable or an item which is generally being accepted as payment for…