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What "Backs" the Money Supply of the United States

Question 163

Multiple Choice

What "backs" the money supply of the United States?


A) the U.S. government's ability to keep the value of money relatively stable
B) the amount of gold the U.S. government has on deposit at its banks
C) the fact that currency is issued by the Federal Reserve System
D) the fact that the intrinsic value of coins in circulation is greater than their face value

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