Question

Is United States currency officially "backed" today?

Yes, legal currency is backed by the gold standard.

Yes, legal currency is backed by government acceptance.

Yes, legal currency is backed by the support of foreign investors.

No, there is no backing for U.S. currency.

Answer 1

D

Step-by-step explanation:

Answer 2

"Yes, legal currency is backed by government acceptance" is the one among the following choices given in the question that gives the required answer. The correct option among all the options that are given in the question is the second option. I hope that the answer has come to your desired help.