When the Continental Congress issued currency to finance the Revolutionary War, the Continental Congress:
A) issued too many "continentals," eventually making the currency worthless.
B) tied the value of the "continental" to gold.
C) tied the value of the "continental" to gold to French "assignats."
D) made "continentals" legal tender.
Correct Answer:
Verified
Q16: Which of the following is not an
Q17: Money eliminates the need for:
A) a search
Q18: Which best describes money as a means
Q19: The store of value characteristic of money
Q20: Compare two economies: a barter economy versus
Q22: During the Civil War, the North issued
Q23: Which of the following could not be
Q24: U.S. currency is
A) a commodity money
B) fiat
Q25: The value of fiat money:
A) comes from
Q26: The fact that U.S. currency is legal
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