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Alvirne Pre-Algebra CR
Prescriptive Test — Cumulative exam
Question 1
1
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Multiple Choice
Prescriptive Test — Cumulative exam
Question 1 • Alvirne Pre-Algebra CR
Why do most nations use fiat money today?
Answer
A
Governments are able to exert control over the value of fiat money.
B
Fiat money is stable and will not lose value during economic downturns.
C
Fiat money will maintain its value despite fluctuating exchange rates.
D
Governments know that fiat money derives its value from gold and silver.
Question 1
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