To ensure that paper money will be accepted, the U.S. government implicitly promises the public that Group of answer choices it will not change currency denominations so that the paper currencies U.S. citizens have will continue to be used for exchanges. the U.S. monetary system will always be backed by a precious metal. it will not print money so fast that it loses its value. it will not change the rate at which the dollar is exchanged for other currencies.
To ensure that paper money will be accepted, the U.S. government implicitly promises the public that Group of answer choices it will not change currency denominations so that the paper currencies U.S. citizens have will continue to be used for exchanges. the U.S. monetary system will always be backed by a precious metal. it will not print money so fast that it loses its value. it will not change the rate at which the dollar is exchanged for other currencies.
Chapter19: The International Monetary System: Order Or Disorder
Section: Chapter Questions
Problem 8DQ
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To ensure that paper money will be accepted, the U.S. government implicitly promises the public that
Group of answer choices
it will not change currency denominations so that the paper currencies U.S. citizens have will continue to be used for exchanges.
the U.S. monetary system will always be backed by a precious metal.
it will not print money so fast that it loses its value.
it will not change the rate at which the dollar is exchanged for other currencies.
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