Author Question: Fiat money has A) a great intrinsic value that is independent of its use as money. B) little to ... (Read 42 times)

clmills979 · **on:** Jun 29, 2018

Fiat money has

A) a great intrinsic value that is independent of its use as money.
B) little to no intrinsic value and is authorized by the central bank or governmental body.
C) value, because it can be redeemed for gold by the central bank.
D) little to no intrinsic value but is backed by the quantity of gold held by the central bank.

Question 2

Compared to the United States, health care spending per person in other high-income countries has been

A) declining at approximately the same rate. B) growing at a slower rate.
C) growing at a faster rate. D) growing at approximately the same rate.