radomes.openskiesproject.org
Takai982 Takai982
  • 07-08-2015
  • Social Studies
Answered

What is U.S. currency backed by today?

Agold
Bsilver
Cthe state banks
Dthe federal government

Verified Answer :

Informer
Informer Informer
  • 09-08-2015

Gold and silver backing ended in 1933.
The US currency is backed by D. The Federal Government.

Answer Link
majocgonzalez majocgonzalez
  • 19-11-2019

Answer:

D. the federal government

Explanation:

In 1933, the United States eliminated the goal standard that backed the US currency. Today, the dollar is not backed by any asset. It is backed only by the federal government. The dollar is based on the credit of the economy and its value depends on supply and demand.

Answer Link

Related Questions

Give one example of a country other than the Soviet Union that ceased to exist during the fall of communism What countries were created in its place
Which event triggered World War II A Japans invasion of China B Turkeys invasion of Armenia C Italys invasion of Ethiopia D Germanys invasion of Poland
what is 42015 simplified to
which of the following has a noticeable gravity earth moon sun all above
please help me with my homework asap
4 friends share 3 oranges equally
England and Egypt tried to take this nation by force from the ruling leader Muhammed Ahmad A Sudan B Ethiopia C Algeria D Morocco
16 09w 116 24w
Raquel can type an average of 63 words per minute Rick can type 73 words per minute how many more words can Rick type than Raquel in 135 minutes
FAST PLEASE which of he following are collective nouns flock team boards faculty book house batch squadron clothes