Which of the Following Information About Fiat Money Is False

question 66

Multiple Choice

Which of the following information about fiat money is false? Fiat money

• A)is backed by gold.
• B)serves as a medium of exchange.
• C)has little to no value except as money.
• D)is authorized by a central bank or governmental body.

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Definitions:

Correct Verb

The appropriate or accurate form of a verb that matches the subject in number and tense in a sentence.

Springfield

A common place name in English-speaking countries, often associated with towns or cities.

Correct Verb

The use of a verb that accurately matches the subject and tense in a sentence.

Blueberries

Small, round berries that are blue to purple in color and known for their sweet flavor and nutritional benefits.