The amount of national income in an economy equals the money supply in an economy

Fiat money has

A) a great intrinsic value that is independent of its use as money. B) little to no intrinsic value and is authorized by the central bank or governmental body. C) value, because it can be redeemed for gold by the central bank. D) little to no intrinsic value but is backed by the quantity of gold held by the central bank.

Development assistance is designed to spur population growth in poor countries

a. True b. False Indicate whether the statement is true or false