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Author Question: Fiat money is money: a. accepted by law regardless of its intrinsic value. b. that is not included ... (Read 29 times)

dalyningkenk

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Fiat money is money:
 a. accepted by law regardless of its intrinsic value.
  b. that is not included as part of the M1 money supply.
  c. that is backed by gold or silver held on reserve by the government.
  d. such as coins that are made from metal.

Question 2

A country's balance on current account will always equal its balance on capital account.
 a. True
  b. False
  Indicate whether the statement is true or false



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DylanD1323

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Answer to Question 1

a

Answer to Question 2

True





 

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