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daniellasousa daniellasousa
wrote...
Posts: 510
5 years ago

To ensure that paper money will be accepted, the U.S. government implicitly promises the public that



▸ it will not print money so fast that it loses its value.

▸ it will not change the rate at which the dollar is exchanged for other currencies.

▸ it will always remain the strongest currency of all industrialized nations.

▸ the U.S. monetary system will always be backed by a precious metal.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 58 times
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DWFG2796DWFG2796
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Posts: 368
5 years ago
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daniellasousa Author
wrote...
5 years ago
This site is awesome!
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5 years ago
Slight Smile Good luck on the rest
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