« previous next »

Author Question: What gives money value under a fiat system? A) Fiat money is also a commodity. B) The supply of ... (Read 178 times)

nenivikky

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
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

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

The role of the liver in fuel supply to the blood. The role of the liver in fuel supply to the blood.
Typical wiring diagram of a V-6 distributorless (direct fire) ignition system. Typical wiring diagram of a V-6 distributorless (direct fire) ignition system.
Effects of the Autonomic Nervous System Effects of the Autonomic Nervous System
RAA system RAA system
Divisions of the Nervous System Divisions of the Nervous System
Some of the major nerves of the human nervous system Some of the major nerves of the human nervous system
Video: Fermentation pathways

For a complete list of videos, visit our video library