Fiat money a is backed by gold b is any close substitute for currency such as checkable deposits c is a medium of exchange but not a unit of account d has no intrinsic value ...

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Fiat money a. is backed by gold. b. is any close substitute for currency such as checkable

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Fiat money

	a.	is backed by gold.
	b.	is any close substitute for currency such as checkable deposits.
	c.	is a medium of exchange but not a unit of account.
	d.	has no intrinsic value.

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jan 26, 2024 07:02 AM

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Fiat money a. is backed by gold. b. is any close substitute for currency such as checkable

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Income Tax Fundamentals 2013

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