AnswersOC27 Economics-2102310-Sem-MeadowsMoney

Money Answers

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1
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In the United States today, what gives money its value?

A
People trust that dollars are valuable.
B
Dollars are backed by gold and silver.
C
Dollars can be exchanged for a precious commodity.
D
Money has a representative value.
2
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M1✔ M2

A
M1
B
✔ M2

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