Question: a. The U.S. dollar derives its value from what? That is, what backs U.S. currency? b. What is the term used to describe the type

a. The U.S. dollar derives its value from what? That is, what "backs" U.S. currency? 


b. What is the term used to describe the type of money used in the United States today? 


c. What two other types of money have been used in the past? Define each.

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a The US dollar derives its value primarily from the trust and confidence placed in it by individual... View full answer

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