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In the U.S., money is the liability of the Fed. What is Fed actually liable for? A. For provision of the corresponding amount of goods
In the U.S., money is the liability of the Fed. What is Fed actually liable for? A. For provision of the corresponding amount of goods and services. B. For protection of the purchasing power of the U.S. currency. C. For nothing, because the U.S. currenct may be exchanged for just U.S. currenct itself. D. For providing the corresponding amount of gold by request of the money holder
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