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The word "fiat" is

Loraine

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9 years ago

The word "fiat" is

The word "fiat" is
A) used to describe today's money because it is money set by law.
B) used to describe money from when Kings ruled by decree or fiat.
C) the term used to define the concept of barter.
D) another word to mean the "double coincidence of wants."
E) Latin for "backed by gold."

Textbook

Essential Foundations of Economics

Edition: 7^th

Authors: Bade, Parkin

Read 146 times

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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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Smoooth

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Smoooth

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8 years ago

You're welcome Happy Dummy

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