Which of the Following Is Not a Characteristic of Fiat

question 133

Multiple Choice

Which of the following is not a characteristic of fiat money?

• A) It is generally acceptable as a medium of exchange.
• B) It provides a way to store wealth over time.
• C) It serves as a unit of account.
• D) It changes in value over time as the amount of fiat money changes.
• E) It is always backed by something of high intrinsic value.

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Definitions:

Saul Alinsky's Principles

Guidelines set forth by activist Saul Alinsky for effective community organizing and social change.

Grassroots Involvement

The participation or engagement of ordinary people in political, social, or other movements at the most basic level.

Group Meeting

Gatherings of individuals within an organization or community aimed at discussing issues, making decisions, or sharing information.

Antiunion

Describes attitudes, policies, or actions that are opposed to labor unions and their activities.