kbattle0791
kbattle0791 kbattle0791
  • 03-10-2019
  • Business
contestada

Money has value because the government decreed that is an acceptable means to pay debts

Respuesta :

fuzzybear1026
fuzzybear1026 fuzzybear1026
  • 03-10-2019

Answer:

Explanation:

Fiat money, also called “legal tender,” has value because the government decreed that is an acceptable means to pay debts.

Answer Link

Otras preguntas

Which group of people in the social structure gathered berries? Select one: a. men b. women c. children d. men and children
Circle the letter of the best SYNONYM (the word or phrase most nearly the same as the word in bold-faced type) Perseverance in competitive sports. A.Dabbling B
Which author's writings about children starving in workhouses and debtors serving time in prison awakened middle-class British readers to the need for reform? A
In the US economy of the 1970s, steadily decreasing economic growth made prices go down. fewer jobs and lower wages gave Americans fewer resources. fewer but be
Which of the following is equal to angle C? A.cos (a/c) B.sin (a/c) C. tan^-1 (c/a) D. cos^-1 (c/a)
In the 1980s, Bush proposed legislation to save the banking industry at a cost of millions of dollars. billions of dollars. thousands of dollars. trillions of d
Solve for x: |x| − 8 = −5
convert 0.827 to a fraction or in simplest form
Why do we call Ba(NO3)2 barium nitrate, but we call Fe(NO3)2 iron(II) nitrate?
Democratic ideas and principles originated in: The New England Colonies Washington, D.C. Ancient Greece Philadelphia