Daniel Lives in Fiji

question 25

Multiple Choice

Daniel lives in Fiji.He learns that the Fijian dollar is an example of fiat money.This means that the Fijian dollar ________.

• A) is worth exactly 1 U.S. dollar
• B) fluctuates in value against other countries' currencies
• C) can be exchanged at a fixed rate for a physical commodity like gold or silver
• D) is not backed by a physical commodity like gold or silver

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Definitions:

Affordable Laptops

Laptops that are reasonably priced, making them accessible to a wide range of consumers, including students and budget-conscious individuals.

Family Brand

Brand name used to identify several different, but related, products.

Food Products

Items prepared from edible raw materials intended for human consumption, including perishable groceries, packaged snacks, and beverages.

Packaged Salads

Pre-prepared salads that are sold in sealed containers for convenience, often found in supermarkets or delis.