Which of the Following Is a Correct Reason for Stating

question 175

Multiple Choice

Which of the following is a correct reason for stating that the United States has a fiduciary monetary system? I. The U.S. currency is convertible to a fixed amount of silver or gold.
II) The U.S. currency has a predictable value.

• A) I only
• B) II only
• C) Both I and II
• D) Neither I nor II

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