Capitalism, Communism, and Socialism
The answer is A.<span>a savings account that offers an interest rate of 4.5%</span>
Answer:
A) formal institutional frameworks erected by the host-country government.
Explanation:
In this case, Wales is considered the host country since Widget Corp.'s home country is Lithuania. Taxes imposed by governments are institutional frameworks, they are not informal rules of the game.
The taxes imposed by Wales are called import tariffs and they are used to increase the price of imported goods and services.
The correct answer is A) has advantages over commodity-backed money.
Fiat money has advantages over commodity-backed money.
There was a time when money in the United States was backed by gold. Not any more. Fiat money, as the US dollar is backed by the US government, This is the case in other countries, For instance, the European Union's currency, the Euro, is also fiat money. Governments issue fiat money through their central banks and can exert certain kinds of control on it.
B) Columns are identified using letters in a spreadsheet application.