Question: Why do Americans (and people around the world) continue to use the dollar as money considering that it is not backed by gold or anything

Why do Americans (and people around the world) continue to use the dollar as money considering that it is not backed by gold or anything else tangible?

Step by Step Solution

3.43 Rating (172 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Because of peoples confidence in the US governme... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

825-B-E-M-E (8056).docx

120 KBs Word File

Students Have Also Explored These Related Economics Questions!