Fiat Money

question 64

Multiple Choice

Fiat money

• A)is worthless.
• B)has no intrinsic value.
• C)may be used as a medium of exchange,but is not legal tender.
• D)refers to highly liquid assets that do not serve as a medium of exchange.

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Definitions:

Legislation

Laws or statutes enacted by a legislative body, such as a parliament or congress, that govern behavior and processes within a jurisdiction.

Political Organizations

Groups formed to influence public policy and politics, ranging from political parties to advocacy groups.

Walgreens First Ladies Health Initiative

A program initiated by Walgreens to empower women and their families with the knowledge and resources for health and wellness.

African Americans

People in the United States who have ancestry from the black racial groups of Africa.