Fiat Money Means

question 163

Multiple Choice

Fiat money means

• A)Italian currency.
• B)money's value does not change.
• C)the government has decreed that something is money.
• D)the money can be converted into gold.
• E)only currency counts as money.

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Definitions:

Schizophrenia

A chronic and severe mental disorder that affects how a person thinks, feels, and behaves, characterized by delusions, hallucinations, and disordered thinking.

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Despair

A profound sense of hopelessness and loss, often associated with major depressive disorder in psychological terms.