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:

Polyandry

A type of matrimony where a woman is simultaneously married to multiple men.

Biological Family

The family into which a person is born, consisting of direct blood relatives.

Family of Orientation

The family into which a person is born or raised, often consisting of parents and siblings, shaping their early socialization and values.

Family Policies

Government actions that aim to support families through laws, regulations, and programs affecting the well-being of families.