Fiat Money

question 88

Multiple Choice

Fiat money

• A) has no intrinsic value.
• B) is backed by gold.
• C) has intrinsic value equal to its value in exchange.
• D) is any close substitute for currency such as checkable deposits.

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Definitions:

Anxiety

An emotion characterized by feelings of tension, worried thoughts, and physical changes like increased blood pressure.

Panic Attacks

Sudden episodes of intense fear or anxiety that may include physical symptoms such as palpitations, sweating, or dizziness.

Posttraumatic Stress Disorder

A psychiatric disorder that may occur in people who have experienced or witnessed a traumatic event such as a natural disaster, a serious accident, a terrorist act, war/combat, rape, or other violent personal assault.

Mentally Healthy

A state of well-being in which an individual realizes their own abilities, can cope with the normal stresses of life, can work productively, and is able to make contributions to their community.