Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 8 blot yet answered Points out of 1.00 What is the most important factor for Federal Reserve currency to be accepted as money? Select
Question 8 blot yet answered Points out of 1.00 What is the most important factor for Federal Reserve currency to be accepted as money? Select one: Q it's designation as legal tender by the federal government the willingness of the federal government to accept it in exchange for an equivalent amount of gold or silver coins the willingness of foreign businesses and banks to accept it in exchange for goods and services It's acceptance by businesses and households in the United States in exchange for goods and services Clear my choice
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started