A 'Good' Is More Likely to Be Adopted as Money

question 91

Multiple Choice

A 'good' is more likely to be adopted as money in an economy if:

• A)the federal government declares the good be accepted in payment of debts.
• B)the federal government declares that the good is legal tender.
• C)the good is backed by gold.
• D)all citizens accept the good as a means of payment for transactions and debts.

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Definitions:

Plenary Review Jurisdiction

The comprehensive and complete power of a higher court to review decisions of a lower court.

Diversity

The inclusion of individuals from different backgrounds, cultures, races, genders, and other identity markers in a community or organization.

Predicate Offense

A crime that is a component of a larger crime, often used as a basis for additional charges or enhanced sentencing.

Statute

A formal written law enacted by a legislative body, governing a specific topic or area.