Fiat Money Has

question 175

Multiple Choice

Fiat money has

• A)little to no intrinsic value but is backed by the quantity of gold held by the central bank.
• B)little to no intrinsic value and is authorized by the central bank or governmental body.
• C)value,because it can be redeemed for gold by the central bank.
• D)a great intrinsic value that is independent of its use as money.

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Definitions:

Pre-human Ancestors

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Subconscious

Refers to the part of the mind that is not currently in focal awareness but can influence thoughts and behavior.

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Fundamental, universal symbols or themes that recur across cultures and literature, often representing common aspects of human experience.

Persona

A social facade or mask that an individual presents to the outside world, as part of Jungian psychology, reflecting part of the unconscious personality.