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27 May 2018
1. Maintaining a strong dollar in international currency markets in order to boost American exports is a high priority policy for the Federal Reserve. True or False?
2. Dollar bills, debit cards, and cryptocurrency serve as money because
A. people believe others will accept them as money.
B. they have value as a commodity independent of their use as money.
C. they can be redeemed for gold by a central bank or federal government.
D. their exchange value is backed by credible legal institutions.
1. Maintaining a strong dollar in international currency markets in order to boost American exports is a high priority policy for the Federal Reserve. True or False?
2. Dollar bills, debit cards, and cryptocurrency serve as money because
A. | people believe others will accept them as money. | |
B. | they have value as a commodity independent of their use as money. | |
C. | they can be redeemed for gold by a central bank or federal government. | |
D. | their exchange value is backed by credible legal institutions. |
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Nestor RutherfordLv2
29 May 2018