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

Author Question: In a fiduciary monetary system, the value of the money issued by a government is based on A) the ... (Read 66 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
In a fiduciary monetary system, the value of the money issued by a government is based on
 
  A) the ability to convert it to some asset of value, like silver.
  B) the gold held in that government's vaults.
  C) public confidence in that currency's acceptability and predictability of value.
  D) its being made out of some material with a market value equal to a bill's face value.

Question 2

Supply-side economics
 
  A) promotes increasing taxes to create additional revenue for government spending.
  B) promotes expansionary fiscal policy by increasing government spending.
  C) is based on the Ricardian equivalence theorem.
  D) promotes reducing taxes to create incentives to increase productivity.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

triiciiaa

  • Sr. Member
  • ****
  • Posts: 349
Answer to Question 1

C

Answer to Question 2

D




a0266361136

  • Member
  • Posts: 538
Reply 2 on: Jun 30, 2018
:D TYSM


Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

For a complete list of videos, visit our video library