Answer:
D. The gold coins are a commodity money because even though they were issued by a foreign government, the gold has intrinsic value
Explanation:
Commodity money is money that has intrinsic value. Its value can be derived from the material from which it is made. E.g. gold, salt, silver
Fiat money is money that has no intrinsic value but the government establishes it as money.
I hope my answer helps you
Answer:
A. Advertising
Explanation:
Advertising is a paid form of non-personal communication targeted to an audience and usually employed by business men to promote their goods and services. The mass media which includes; radio, television, newspapers, e-mail are the means though which products can be advertised.
The description of what Xander wants to do which includes paying for the non-personal message which would be communicated through mass media, fit the description of advertising.
Answer:
The correct answer is: Your age, driving record, and annual mileage.
Explanation:
Auto insurances take into account several risk factors at the moment of evaluating what type of coverage insureds should purchase. Individuals' <em>age (higher premium if older), driving record (higher premium if negative), and average annual mileage (higher premium the more mileage</em>) are key factors insurance companies tend to consider to find out what is the most convenient policy for those people and based on that, the premium that will be charged every month.
Answer:
The correct answer is Channel pricing.
Explanation:
In the industry, the Channel Pricing is used with the purpose of setting the prices depending on the means of delivery of goods or services. Coca-cola used the channel pricing to offer different prices depending on the location the people usually buy the products.
Answer:
39 years
Explanation:
Under the rule of 70, the economy doubles its real GDP per capita income
In this the computation is done by dividing the 70 by the annual growth rate
So, the formula is shown below:
Time period = Rule of 70 ÷ growth rate
where,
Growth rate is 1.8%
So, the time period at which the GDP doubles is
= 70 ÷ 1.8
= 39 years
By dividing the rule of 70 by the growth rate we can find the number of years at which the GDP doubles
