Why Does Gold Work Better Than Bananas as a Form

question 51

Multiple Choice

Why does gold work better than bananas as a form of money?

• A)A value can be imprinted in gold, but not bananas.
• B)Gold doesn't disintegrate over time, but bananas do.
• C)Gold is a natural element and bananas can be grown.
• D)Everyone can value pure gold, but not a banana.

Master the use of Excel's Auto Fill options to efficiently fill data series and apply formatting.

Recognize and apply the correct method to keep cell references constant using absolute referencing.

Understand the concept of sensitivity or what-if analysis in Excel.

Identify and correct common error indicators in Excel, such as ###### or #NAME?.

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Definitions:

General Credit

A broad term that can refer to the creditworthiness of a business or the general ability to borrow money through financial instruments.

Market Interest Rate

The rate of interest prevailing in the market for securities, affecting the cost of borrowing or the return on investments.

Stated Rate

The interest rate expressed in the terms of a loan or investment agreement, not including the effects of compounding.

Convertible Bonds

Bonds that can be converted into a predetermined number of the issuing company's shares at certain times during their life, usually at the discretion of the bondholder.