What gives money value under a fiat system? A) Fiat money is ...

[nenivikky]

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

Question 2

A tariff does not raise any revenue for the government if:
 
  A) imports exceed exports. B) exports exceed imports.
  C) exports equal imports. D) it reduces imports to zero.

[cici]

Answer to Question 1

B

Answer to Question 2

D