Which of the following are legal tender?
A) checks
B) Federal Reserve notes
C) bank notes issued by private banks
D) credit cards
E) traveler's checks
Correct Answer:
Verified
Q57: Money is legal tender if:
A)people willingly accept
Q65: The value of money is determined by
A)people's
Q67: In the United States economy which one
Q68: Any bank that uses deposits to make
Q70: The first bankers were probably
A)carpenters
B)stock brokers
C)goldsmiths
D)sea captains
E)grain
Q72: When prices rise,
A)the purchasing power of money
Q74: The value of money is fundamentally determined
Q101: Paper money is a good example of
Q133: The U.S.dollar is backed by gold.
Q140: The U.S.dollar is a good example of
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