Is there any risk involved in using fiat money? How can it be minimized?

What will be an ideal response?

One of the problems of using fiat money is that since it is actually worthless, it is easy to counterfeit. Hence, the risk of counterfeiting fiat money and using it to purchase goods and services is comparatively higher. This problem is partially resolved by having the supply of money controlled by the government. The government can create fiat money that is difficult and illegal to counterfeit.

Economics

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What is the difference between seasonal unemployment and structural unemployment?

What will be an ideal response?

Economics

If S = 200, T = 700, G = 950, and NX = -200, this makes net domestic investment

A) 150. B) -150. C) 50. D) -50. E) 650.

Economics