Question: Question 1 4 pts Dollar bills , also known as Federal Reserves Notes in the modern economy serve as money because O people have confidence

 Question 1 4 pts Dollar bills , also known as Federal

Question 1 4 pts Dollar bills , also known as Federal Reserves Notes in the modern economy serve as money because O people have confidence that others will accept them as money. O they have value as a commodity independent of their use as money. O they are backed by the gold stored in Fort Knox. O they can be redeemed for gold by the central bank

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