In the United States today, the U.S. dollar is backed by A) ...

[cartlidgeashley]

In the United States today, the U.S. dollar is backed by
 
  A) silver. B) U.S. Treasury securities.
  C) gold. D) none of the above

Question 2

An increase in the equilibrium price for a product will result
 
  A) when there is an increase in demand and an increase in the number of firms producing the product.
  B) when there is a decrease in supply and a decrease in demand for the product.
  C) when there is a decrease in supply and an increase in demand for the product.
  D) when the quantity of the product demanded exceeds the quantity supplied.

[perkiness]

Answer to Question 1

D

Answer to Question 2

C

[cartlidgeashley]

Excellent

[Joy Chen]

Thanks for the timely response, appreciate it