Paper Money Is Fiat Money Because It Has Been Declared

question 124

True/False

Paper money is fiat money because it has been declared by government as a means of exchange.

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Definitions:

Energy

The capacity to do work, existing in various forms such as kinetic, potential, thermal, electrical, chemical, and nuclear.

Cyclic Electron Pathway

is a photosynthetic process in light reactions where electrons are recycled allowing ATP production without the buildup of NADPH or oxygen release.

Photosystem I

A component of the photosynthesis process in plants and cyanobacteria that captures light energy for ATP and NADPH production.

Noncyclic Electron Pathway

A process in photosynthesis where electrons flow in a linear manner from water to NADP+ producing NADPH, oxygen, and ATP.