The U.S. dollar is backed by ____________.
Fill in the blank(s) with the appropriate word(s).
nothing (or the U.S. government's word)
Economics
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Insurance companies reduce risk exposure in exchange for a portion of their insurance premiums by obtaining
A) government loan guarantees. B) federal insurance. C) reinsurance. D) bankers acceptances.
Economics
Which of the following schools of economic thought would advocate increasing the rate of growth of the money supply during a recession and decreasing the rate of growth of the money supply during inflations?
A. The classical school B. Keynesians C. Monetarists D. Supply-side economists
Economics