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Other Fields Homework Help Economics Topic started by: hellokidbye on Dec 27, 2022



Title: Daniel lives in Fiji. He learns that the Fijian dollar is an example of fiat money. This means that ...
Post by: hellokidbye on Dec 27, 2022
Daniel lives in Fiji. He learns that the Fijian dollar is an example of fiat money. This means that the Fijian dollar ________.

▸ is not backed by a physical commodity like gold or silver

▸ can be exchanged at a fixed rate for a physical commodity like gold or silver

▸ fluctuates in value against other countries' currencies

▸ is worth exactly 1 U.S. dollar


Title: Daniel lives in Fiji. He learns that the Fijian dollar is an example of fiat money. This means that ...
Post by: rangelife on Dec 27, 2022
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