Multiple Choice
Which of the following is a correct reason for stating that the United States has a fiduciary monetary system? I. The U.S. currency is convertible to a fixed amount of silver or gold.
II) The U.S. currency has a predictable value.
A) I only
B) II only
C) Both I and II
D) Neither I nor II
Correct Answer:
Verified
Correct Answer:
Verified
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