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What gives money value under a fiat system?

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What gives money value under a fiat system?

What gives money value under a fiat system?
A) Fiat money is backed by gold.
B) Fiat money is also a commodity.
C) The supply of fiat money is controlled by the government.
D) Fiat money is the same as Treasury bonds.

Textbook

Principles of Macroeconomics

Principles of Macroeconomics

Edition: 11^th

Authors: Case, Fair, Oster

Read 256 times

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NYC Author

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