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NYC NYC
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8 years ago
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: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
Thanks for answering Slight Smile
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