Business, 26.11.2021 19:10 lakhwinder6588

PLEASE HELP ME I NEED TO PASS 1. notes and coins whose worth is determined and guaranteed by the state is termed ?
a. Fiat money
b. gold standard
c. commodity money
d. money of intrinsic value

2. which of the following is part of the public sector of the economy?
a. a public corporation
b. a public company
c. a co-operative
d. a franchise

3. Notes and coins are a main form of money for all of the following reasons EXECPT
a. they are portable
b. they are durable
c. they are easily divisible
d. they will ensure maximum satisfaction of wants
e. other, if other state what it is

4. Where a bank account has been set up to siphon off the proceeds from criminal activity this is described as
a. money laundering
b. Electronic funds transfer
c. a bank draft
d. ethical behaviour

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