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What does the statement "This note is legal tender for all debts, public and private" guarantee? a) US currency is backed by gold. b) US currency is backed by silver. …

What does the statement "This note is legal tender for all debts, public and private" guarantee? a) US currency is backed by gold. b) US currency is backed by silver. …
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What does the statement "This note is legal tender for all debts, public and private" guarantee?

a) US currency is backed by gold.
b) US currency is backed by silver.
c) US currency is a way of obtaining legal credit.
d) US currency has value backed by the federal government.

asked
User Med Larbi Sentissi
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2 Answers

3 votes

D. US currency has value backed by the federal government.

answered
User Argoron
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7 votes

Answer:

US currency has value backed by the federal government.

Step-by-step explanation:

answered
User Cesarbs
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7.7k points
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