mcalderon mcalderon

29-04-2015
History

Answered

The paper currency in the United States has value because __________.a) it is useful
b) it represents precious metals
c)the federal government says it has value
ad)ll of the above

Verified Answer :

Knowledgestorm Knowledgestorm

29-04-2015

The paper currency in the United States has value because, it was backed by gold.
I say "was" because it is not anymore. It simply has value because the government says it does; yet it is not backed by anything now.

Answer Link

Related Questions

How does Johnny Cades letter to Ponyboy effect his attitude

the system of checks and balances failed under Andrew Jackson when he

Which is bigger 80 of 150 or 34 of 200

What was the Renaissance

what does it mean that valence electrons in a metal are delocalized

what is the answer is 5p 81 5p 9

You mix soda water fruit punch concentrate and ginger ale in the ratio of 1 2 5 to make fruit punch How many pints of each ingredient should you use to make 4 g

Which two principles are the foundation of every States constitution

Our family enjoys stargazing with our telescope a gift from my grandfather when we go camping Identify the nonessential appositive phrase a gift from my grandfa

Mary had a 3inch piece of ribbon She cut it in half How long were the new pieces