0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What are disadvantages of representative?
idont know
Why is representative money more useful than commodity money?
What is the difference between commodity money and representative money
What is the difference between fiat money and representative money?
the difference between representative money and fiat money is that?A)representative money can be converted into silveror gold;fiat money cannot.B)representative money is worth more per dollar than fiat money; which is actually worthless.C)fiat money is counted in coins; representative money is counted in paper.D)fiat money is mre traditional than representative money,which is a newer concept. :)
What are the disadvantages of non-representative sampling?
The sample is of little use in making estimates for the population as a whole unless it is known exactly how it is non-representative.
Is the type of money used in the US commodity money representative money or fiat money?
puppys
What are objects that have value in themselves and that are also used as money?
Representative money
Which is an example of representative money?
an IOU note
Which is a power of the house of representative?
money bills
What are disadvantages of commodity money?
some disadvantages of commodity money are its not portable, durable, or divisible, it usually works in small economies
What is the difference between representative money and commodity money?
A) Commodity money consists of objects used as money that contains their own value, but representative money is a specific group of the commodity objects. B) Commodity money consists of objects that have value in and of themselves, but representative money makes use of objects because the holder can exchange them for something else of value. C) Representative money allows objects to be exchanged for something else, but commodity money has value because the government decreed it is an acceptable means to pay debts. D) Representative money consists of objects that have value in and of themselves, but commodity money makes use of objects because the holder can exchange them for something else of value The answer is B.
What are the advantages and disadvantages of playing baseball?
advantages: Money, Fun Disadvantages: injuries
What are the advantages and disadvantages of large samples?
A large trial is necessary to provide good sample that is representative of the population
