Question

Which of the following is a correct reason for stating that the United States has a fiduciary monetary​ system?

I. The U.S. currency is convertible to a fixed amount of silver or gold.
II. The U.S. currency has a predictable value.

Answer 1

The correct answer is The U.S. currency has a predictable value.

Explanation: The reason why the United States has a fiduciary monetary​ system is because they has a predictable value in the future.