Paper Money

question 23

Multiple Choice

Paper money

• A)is a less efficient form of money than checking deposits.
• B)is as efficient a form of money as coins.
• C)is the most efficient form of money.
• D)must be linked by law to the supply of gold.
• E)is an efficient form of money only if it is backed by a precious commodity.

---

Definitions:

Behavior

The way a person or animal behaves or responds when influenced by external or internal factors.

Conditioned

Refers to the learned response or behavior that results from the consistent pairing of an originally neutral stimulus with a stimulus that evokes a reflexive response.

Narcotic Drug

Substances that can change a person's consciousness or mood and are often used for pain relief but can lead to addiction.

Behaviorism

A theory of learning which states that all behaviors are acquired through conditioning processes and interactions with the environment, without the need for internal thoughts or feelings.