« previous next »

Author Question: Which of the following backs our money supply? a. The words This note is legal tender. b. The faith ... (Read 58 times)

RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
on: Jun 30, 2018
Which of the following backs our money supply?
 a. The words This note is legal tender.
 b. The faith in the government
 c. The faith that people will take it in exchange for goods and services
  d. Precious metals

Question 2

When the FOMC sets a monetary policy, it first identifies its intermediate target and then works accordingly to achieve its ultimate goal.
 a. True
  b. False
  Indicate whether the statement is true or false


Loise Hard

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Blood supply to the pituitary gland Blood supply to the pituitary gland
blood supply blood supply
Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s
Cat Got Money Cat Got Money
Common Root Words and Combining Forms Cont. Common Root Words and Combining Forms Cont.
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Reflex arc construction

For a complete list of videos, visit our video library