Solved

A Fiduciary Monetary System Is

Question 155

Multiple Choice

A fiduciary monetary system is


A) fully backed by gold.
B) dependent on barter for exchanges of goods and services.
C) one which cannot have any inflation.
D) dependent on the public's faith to accept the currency.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions