This topic contains a solution. Click here to go to the answer

Author Question: A fiduciary monetary system ultimately rests on A) the value of the assets backing up the system. ... (Read 46 times)

melly21297

  • Hero Member
  • *****
  • Posts: 565
A fiduciary monetary system ultimately rests on
 
  A) the value of the assets backing up the system. B) the public's confidence in the system.
  C) the difficulty of counterfeiting the currency. D) the value of the metal backing up the system.

Question 2

Refer to the figure above. What is the equilibrium rate of interest when the credit demand curve is CD2 and the credit supply curve is CS1?
 
  A) 3 B) 4 C) 5 D) 2



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rachel

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

B

Answer to Question 2

C




melly21297

  • Member
  • Posts: 565
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

For a complete list of videos, visit our video library