nick2257 nick2257

22-05-2024
Social Studies

Answered

2. Representative money gets its value from the fact that *
O it represents objects of value for which it can be exchanged
O
it is backed up by silver or gold
O the government states that it is an acceptable means to pay debts
it is a valuable commodity

Answer :

GinnyAnswer GinnyAnswer

22-05-2024

Final answer:

Representative money derives its value from government backing as an accepted mode of payment.

Explanation:

Representative money gets its value from the fact that the government states that it is an acceptable means to pay debts. It is a form of currency that is not backed by a physical commodity like gold or silver but is instead backed by the government's declaration of its value.

Learn more about Representative money here:

https://brainly.com/question/11352215

Answer Link

Other Questions

Why is the study of genetics is critical to physical anthropology today? Provide examples of how Physical Anthropologists are using genetics to explain human an

In the aftermath of the Revolution, a common national identity and consciousnessA. took time to sink deep.B. cemented immediately.C. never really developed.D. e

Which of the following statements about political knowledge is FALSE?A. More informed voters tend to appreciate policy debate and generally trust elected offici

If 2^a =3,5^b = 2 and abc=1 find the value of 3^c

¿Qué políticas de salud pública ayudan a prevenir enfermedades transmisibles?A. Educación nutricionalB. Anuncios antitabacoC. Registro de donación de órganosD.

What are the implications for security and user experience when attempting to install an app that is not Microsoft verified on a Windows device?

What are the recommended methods and materials for effectively removing corrosion from battery terminals in children's toys, ensuring safe operation and longevi

Chase is a BCaBA who is supervised for 2% of the hours he provides ABA. What is his status?A) He is a BCaBA trainee with over 1,000 hours of supervised experien

4. (a) Abaaba, the woodwork learner at Queensland Basic School, was taught the techniques in cutting and shaping artifacts during class and desired to hone his

Match the system of equations on the left with the appropriate solution on the right. (- 1, - 1) 380 ＋y=3 - 3х - 4y = 6 ( - 2,0) 4x 12y = - 8 5x 15y = - 10 (2,

Investigate the principles of construction project management and scheduling techniques in civil engineering for optimizing project performance, controlling cos

Make up B Earth's Hydrosphere test Which of these is NOT a reason wetlands are important on Earth? O Provide fish and wildlife habitats O Protect and improve wa

Hitchcock has made meaning in two scenes through the film technique of diagetic sound. Identify these two scenes and explain what effects Hitchcock creates wi

What is the primary focus of the goal-setting theory of motivation?a. Encouraging social interactionsb. Identifying individual needsc. Providing rewards and inc

In the space below, write a full narrative description of an event in your memory; you may write a prose piece or a poem. A prose piece must be at least 300 wor

Assume that a competitive firm has the total cost function:TC=1q³−40q²+740q+1600TC=1q³-40q²+740q+1600Suppose the price of the firm's output (sold in integer uni

An investor placed $2,000 per year at the end of each year into an investment account. Immediately after the 15th payment, the value of money in the account was

How can we bridge the gap in wages between men and woman in the united states?

For parents For teachers Honor code Textbook Solutions Brainly App (0 Please there is a question on the site I need clarity on These are called nested squares.

Kelsey drew a rectangle with the same area was the square (16). The length of Jelsey’s rectangle is 8 inches. What is the perimeter, in inches, of Kelsey’s rect