aliyafamke
aliyafamke aliyafamke
  • 19-03-2022
  • History
contestada

What backs the U.S. dollar today? Explain.

Respuesta :

raissasaraswati
raissasaraswati raissasaraswati
  • 19-03-2022

Answer:

Fiat money gives central banks greater control over the economy because they can control how much money is printed. Most modern paper currencies, such as the U.S. dollar, are fiat currencies. One danger of fiat money is that governments will print too much of it, resulting in hyperinflation.

Answer Link

Otras preguntas

Ricardo has one half foot of yarn how many inches does he have
Which layers of Earth are considered liquid? Select all that apply. A. crust B. inner core C. outer core D. lower mantle
What was Thomas Paine's primary purpose in writing "The Crisis, No. 1"? to force the British government to review its policy of taxing the colonies to inspire t
what direction would you travel to go from Seoul to Shanghai
what is the answer of how to round 42,429
Which equation has solution x = -3? A) 2x -7 = -1 B) 3x + 8 = 1 C) 1/2x + 8 = 10 D) 1/2(2x -6) = -6
What is the origin of the word “Gothic” and how/why did it come to be used for this style of literature? How does the term "Goth" relate to that definition
Name the values of the given digits in 5s in 6,755?
Which is equivalent to (9y2 – 4x)(9y2 + 4x), and what type of special product is it?
Evaluate -6(x-2y) when x= -3 and y= -5 a. -42 b. 80 c. -80 d. -16