This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What gives money value under a fiat system? (Read 38 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
on: Apr 19, 2019

Question 1

When Argentina experiences a period of high inflation and Argentineans lose confidence in their peso as a store of value, which of the following would be least likely to occur?


◦ The demand for pesos would decrease.
◦ The buying power of the peso would decrease.
◦ The value of foreign currencies would depreciate relative to the peso.
◦ Argentineans would use a different currency as a medium of exchange.

Question 2

What gives money value under a fiat system?


◦ Fiat money is backed by gold.
◦ The supply of fiat money is controlled by the government.
◦ Fiat money is also a commodity.
◦ Fiat money is the same as Treasury bonds.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by KWilfred on Apr 19, 2019

kusterl

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


KWilfred

  • Member
  • Posts: 570
Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

ashely1112

  • Member
  • Posts: 347
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

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?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Gastrointestinal system Gastrointestinal system
Thyroid System Thyroid System
Divisions of the nervous system Divisions of the nervous system
The digestive system. The digestive system.
Procedures and Diagnostic Tests Related to the Cardiovascular System Procedures and Diagnostic Tests Related to the Cardiovascular System
Muscular system and Cardiovascular system Muscular system and Cardiovascular system
Video: Fetal Development of the Cardiovascular System

For a complete list of videos, visit our video library