Register
What is U.S. currency backed by today? a. gold b. silver c. the state banks d. the federal government
20.7k views
3 votes
What is U.S. currency backed by today?

a. gold
b. silver
c. the state banks
d. the federal government

User Zobier
by
7.6k points

1 Answer

6 votes
Well, the U.S. Currency is backed by the assets of the Federal Reserve Bank. (it was gold till 1934), and out of the options given the best is d. the federal government.
User HighLife
by
7.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.8m questions

11.4m answers

Other Questions

Why did people immigrate to the United States in the late 1800s?
Why did the slogan Peace Land and Bread appeal to the Russian people?
Why wasn't New England's land well-suited for farming
Which city was located nearest the nile river delta
''Life in a city is more rewarding than life outside a city."List two or three arguments in favor of this opinion and two or three arguments opposing this opinion
Link Copied!