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The money supply is backed Multiple Choice by the government's ability to control the supply of money and therefore to keep its value relatively stable.
The money supply is backed
Multiple Choice
- by the government's ability to control the supply of money and therefore to keep its value relatively stable.
- by government bonds.
- dollar-for-dollar by gold and silver.
- by gold reserves representing a fraction of the total value of dollars in circulation.
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Essentials of Econometrics
Authors: Damodar Gujarati, Dawn Porter
4th edition
73375845, 978-0071276078, 71276076, 978-0073375847
