Federal Reserve notes are
A. checks issued by the U.S. government.
B. backed by gold.
C. paper currency.
D. savings bonds.
Answer: C
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Which statement is false?
A. Between 1789 and 1812 the United States' population doubled. B. Between 1812 and 1835 the United States' population doubled. C. Between 1835 and 1858 the United States' population doubled. D. None of the statements are false.
The results of majority voting sometimes, but not always, agree with the results of benefit-cost analysis
a. True b. False Indicate whether the statement is true or false
Marginal cost is the additional cost incurred as a result of making an economic decision
a. True b. False Indicate whether the statement is true or false
Moving production from a high-cost producer to a low-cost producer will
a. lower total surplus. b. raise total surplus. c. lower producer surplus. d. raise producer surplus but lower consumer surplus.