To Ensure That Paper Money Will Be Accepted, the U

question 355

Multiple Choice

To ensure that paper money will be accepted, the U.S. government implicitly promises the public that

• A) it will not print money so fast that it loses its value.
• B) it will not change the rate at which the dollar is exchanged for other currencies.
• C) it will always remain the strongest currency of all industrialized nations.
• D) the U.S. monetary system will always be backed by a precious metal.

---

Definitions:

Westward

Referring to the direction or movement towards the west, often associated with the expansion of American settlements.

Cheap Land

Land that is available for purchase at a relatively low cost, often enticing settlers and investors to new areas or the frontiers.

Appalachian Mountains

A mountain range in the eastern United States, running from Canada to Alabama, known for its biodiversity and the cultural heritage of its inhabitants.