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kozerog [31]
4 years ago
7

1The main reason that U.S. currency cannot be turned in to the government in exchange for a tangible asset such as gold is that:

Business
1 answer:
White raven [17]4 years ago
7 0
The correct answer for the question that is being presented above is this one: 
(1) <span>B)People prefer tangible items, so the government would not be able to satisfy demand for the tangible item at any fixed rate of exchange
</span>(2) <span>B)Potential buyers of the assets of a bank, incorrectly rumored to be distressed, may suspect the assets to be of poor quality.
</span>(3) <span>C) The Federal Reserve ("the Fed") stands ready to inject reserves into the system more quickly in a crisis.
</span>(4) <span>A)Checkable Deposits / Required Reserves</span>
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Rise in producer surplus for french bread

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Note: A picture of the graph is attached

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3 years ago
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4 years ago
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