Fiat money is money
A. backed by land.
B. backed by gold or silver.
C. that can be converted to gold or silver.
D. because a government says it is.
Answer: D
Economics
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Which of the following shows the relationship between employees and their peers?
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The recession that set in after December 2007 can be attributed to: a. an increase in expenditure on war
b. a decline in home prices and an increase in foreclosures. c. an increase in terrorist activities. d. crop failures around the world. e. an increase in oil prices in the international market.
Economics