A fiduciary monetary system is
A. one which cannot have any inflation.
B. dependent on the public's faith to accept the currency.
C. fully backed by gold.
D. dependent on barter for exchanges of goods and services.
Answer: B
Economics
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A) efficiency. B) elasticity. C) quality, price, and marketing. D) the level of output and the price. E) demand.
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Centrally planned economies like China produce relatively little pollution.
Answer the following statement true (T) or false (F)
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