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

Author Question: Fiat money is money: a. accepted by law regardless of its intrinsic value. b. that is not included ... (Read 75 times)

dalyningkenk

  • Hero Member
  • *****
  • Posts: 598
Fiat money is money:
 a. accepted by law regardless of its intrinsic value.
  b. that is not included as part of the M1 money supply.
  c. that is backed by gold or silver held on reserve by the government.
  d. such as coins that are made from metal.

Question 2

A country's balance on current account will always equal its balance on capital account.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

DylanD1323

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

a

Answer to Question 2

True





 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library