Fiat Money Has

question 175

Multiple Choice

Fiat money has

• A)little to no intrinsic value but is backed by the quantity of gold held by the central bank.
• B)little to no intrinsic value and is authorized by the central bank or governmental body.
• C)value,because it can be redeemed for gold by the central bank.
• D)a great intrinsic value that is independent of its use as money.

---

Definitions:

Addison Disease

A hormonal disorder that occurs when the adrenal glands produce insufficient amounts of certain hormones, notably cortisol and aldosterone.

Diabetes Insipidus

A condition characterized by excessive thirst and excretion of large amounts of severely diluted urine, with reduction of fluid intake having no effect on the concentration of the urine.

Adrenogenital Hyperplasia

A group of genetic conditions that affect the adrenal glands and can interfere with the body's hormone production, resulting in abnormal genital development and other symptoms.