« previous next »

Author Question: What gives money value under a fiat system? A) Fiat money is also a commodity. B) The supply of ... (Read 162 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?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

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.

Can We Improve the Tsunami Warning System Can We Improve the Tsunami Warning System
Disorders of the Female Reproductive System Cont. Disorders of the Female Reproductive System Cont.
Procedures for Diagnostic Tests Related to the Digestive System Procedures for Diagnostic Tests Related to the Digestive System
Organization of the nervous system. Organization of the nervous system.
The respiratory system. The respiratory system.
Pathway by which the nervous system controls skeletal muscle contraction Pathway by which the nervous system controls skeletal muscle contraction
Video: Inflammation

For a complete list of videos, visit our video library