Money that has no value except as money is called __________ money.
A) bonded
B) commodity
C) fiat
D) intrinsic
E) none of the above
Correct Answer:
Verified
Q2: In 2004,the movie Spiderman 2 generated about
Q3: Fiat money has value because:
A)people believe it
Q4: Fiat money has value because:
A)it is backed
Q5: _ are(is)the most liquid asset.
A)Gold
B)Small savings accounts
C)Short-term
Q6: Often,when discussing inflation,we use the "core rate
Q8: A country on the silver standard uses:
A)coins.
B)fiat
Q9: Today,the Wendy's cheeseburger is on the 99-cent
Q10: Inflation is calculated as:
A)the overall price level.
B)the
Q11: In the United States,money is backed by:
A)oil.
B)gold.
C)silver.
D)nothing.
E)none
Q12: If 
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