Question

What is U.S. currency backed by today?

A. gold
B. silver
C. the state banks
D. the federal government

Answer 1

Gold and silver backing ended in 1933.
The US currency is backed by D. The Federal Government.

Answer 2

D. the federal government

Step-by-step explanation:

In 1933, the United States eliminated the goal standard that backed the US currency. Today, the dollar is not backed by any asset. It is backed only by the federal government. The dollar is based on the credit of the economy and its value depends on supply and demand.