What Is the Most Important Factor for Federal Reserve Currency

question 86

Multiple Choice

What is the most important factor for Federal Reserve currency to be accepted as money?

• A)Its acceptance by businesses and households in the United States in exchange for goods and services
• B)Its designation as legal tender by the federal government
• C)The willingness of the federal government to accept it in exchange for an equivalent amount of gold or silver coins
• D)The willingness of foreign businesses and banks to accept it in exchange for goods and services

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Definitions:

Realistic Job Previews

A technique used in recruitment that provides potential employees with a clear and accurate understanding of what a particular job entails before they decide to apply or accept a position.

Turnover

The rate at which employees leave a company and are replaced by new hires over a particular period.

Human Resources Information Systems

Integrated systems used to gather, store, and analyze information regarding an organization’s human resources.

Career Paths

Lines of advancement in an occupational field within an organization.