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Q: What act did the federal government issued paper money under what?
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Under the the federal government issued paper money?

B. legal tender act


Who issues money?

Paper money is issued by the Federal Reserve.


What is the Definition of federal reserve note?

Federal reserve notes are paper money in the United States. The Federal Reserve is the nation's central bank. All current US bills are issued by the Federal Reserve system,but in the past some bills were issued directly by the government and others were issued by private banks with government backing.


What does Federal Reserve Note mean?

Federal reserve notes are paper money in the United States. The Federal Reserve is the nation's central bank. All current US bills are issued by the Federal Reserve system,but in the past some bills were issued directly by the government and others were issued by private banks with government backing.


When was the first paper money issued by the government?

1863


Is American paper money issued in the name of America or the Fed?

Paper money of the United States is issued as Notes by the Federal Reserve, signed by the Secretary of the Treasury and the Treasurer of the US and is backed by the "full faith and credit" of the United States. So it is issued by and in the name of the US Government.


What paper was issued by the government to raise money in World War 1?

bonds were issued by the government to raise money during WW1


What is inconvertible paper money?

money that can not convertible into the Gold and Silver like paper and coins money issued by Government.


When and who issued the first paper currency?

The first known paper currency was issued in China during the Tang Dynasty in the 7th century. It was introduced by merchants and eventually adopted by the government to facilitate trade.


Under the the federal government issued paper mone?

B. Legal Tender Act


What is the definition of greenback?

paper currency issued by the federal government during the civil war


What was the name of the paper money the government issued because of its color?

bonds