[Answered] The U.S. Federal Reserve was created to limit control and stabilize the money supply. Indicate ...

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Author Question: The U.S. Federal Reserve was created to limit control and stabilize the money supply. Indicate ... (Read 56 times)

mynx

Hero Member
Posts: 555

on: Sep 4, 2018

The U.S. Federal Reserve was created to limit control and stabilize the money supply.

Indicate whether this statement is true or false.

Question 2

Credit money requires backing by some commodity of recognizable value.

Indicate whether this statement is true or false.

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nicoleclaire22

Sr. Member
Posts: 318

Reply #1 on: Sep 4, 2018

Answer to Question 1

TRUE

Answer to Question 2

FALSE

mynx

Member
Posts: 555

Reply 2 on: Sep 4, 2018

Great answer, keep it coming

xiaomengxian

Member
Posts: 311

Reply 3 on: Yesterday

Thanks for the timely response, appreciate it

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