Question
Question 3:7.5 A)What is Commodity money and what is fiat money? Which kind do we use? Give some examples of commodity money that has been
Question 3:7.5
A)What is Commodity money and what is fiat money? Which kind do we use? Give some examples of commodity money that has been used in different times in the history? Can you suggest any new commodity money for this present time? Discuss your answer in details.
B)What is NCO? What does these two terms mean - 1. NCO>0 and 2. NCO<0 -? What is the relationship between NCO and NX? IN a country like Bangladesh, what variables could influence NCO? Explain in details with examples.
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Understanding The Law
Authors: Donald L Carper, John A McKinsey, Bill W West
5th Edition
0324375123, 9780324375121
