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Faith. American currancy is backed by the full faithcredit of the government of the U.S.
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∙ 8y ago
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What gives us money its value?
Gold gives money it's value
What makes the US money valuable?
im not sure what gives our money value. Do you?
What gives fiat money its value as a medium of exchange?
Laws set by the government give Fiat money its value as a medium of exchange. Unlike traditional money or currency, it has no good which act as a medium to back it up.
Is money a store of value?
No, because the value of money depreciates with inflation.
The relationship between the value of money and the price level?
There is an inverse relationship between value of money and the price level. So if the value of money is low, then the price level is high or if the value of money is high, then the price level is low.
What gives money value?
gold gives money value
What gives us money its value?
Gold gives money it's value
What makes the US money valuable?
im not sure what gives our money value. Do you?
The constitution gives the power to print money to?
Article I Section 8 of the United Constitution grants power to Congress to "coin money" and "regulate its value." In effect, The Department of the Treasury prints money under the authority of Congress.
Why a high discount rate gives a low present value of a cash flow?
The higher the discount rate, the more time value of money we are tacking out of original amount from the future value
Which game store gives money for old games?
Game Stop does, but it's better to get store credit because the value for store credit to money is better.
What gives fiat money its value as a medium of exchange?
Laws set by the government give Fiat money its value as a medium of exchange. Unlike traditional money or currency, it has no good which act as a medium to back it up.
Which brand dehumidifier gives me the most for my money?
The Honeywell dehumidifiers are an excellent value and even offer custom settings and timers.
Which brand gives you the best value for your money?
This depends on what you are looking for. Cheap cases usually offer the best "bang for the buck
What does it mean by money loses value isn't money money?
Money can lose value by inflation or gain value through deflation.
What is a money system?
A money system is something that gives you money
What is the difference between fiat money and token money?
Token money is a type of money whose intrinsic worth is less than its nominal value eg its value as money is less than its value as metal while fiat money is a type of money which intrinsic value is more than its nominal value.
