Fiscal Aspects of Aviation Management

Book by Robert W. Kaps

The use of gold as commodity money a. Is an historical fact b. Was made up by an economist c. Is the preferred standard by most modern economies d. Is a necessary step to the formation of paper money What is money in the US economy? a. b. c. d. Money is a currency backed by gold reserves Money is anything used to buy good and services Money is state government debt Money in the US economy is the US dollar