Currency in the United States today is
A) fiat money.
B) intrinsic money.
C) backed by gold.
D) quasi- intrinsic.
Answer: A) fiat money.
Economics
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Subprime mortgages frequently featured small or zero down payments
a. True b. False Indicate whether the statement is true or false
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Which of the following statements is TRUE for society as a whole?
A) Supply of services always reflects all social costs. B) Demand for services always reflects all social costs. C) Private costs are not always equal to social costs. D) Social benefits are always emphasized in advertising.
Economics