What is U.S. currency backed by today? a. gold b. silver c. the state banks d. the federal government

Question

asked May 17, 2016 20.7k views

1 Answer

HighLife · Answer 1 · 2016-05-22T03:57:07+0000

Well, the U.S. Currency is backed by the assets of the Federal Reserve Bank. (it was gold till 1934), and out of the options given the best is d. the federal government.

What is U.S. currency backed by today? a. gold b. silver c. the state banks d. the federal government

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions