Ask Question
30 December, 15:44

Why do most nations use fiat money today? a. Governments are able to exert control over the value of fiat money. b. Fiat money is stable and will not lose value during economic downturns. c. Fiat money will maintain its value despite fluctuating exchange rates. d. Governments know that fiat money derives its value from gold and silver.

+4
Answers (1)
  1. 30 December, 16:08
    0
    Most nations use fiat money today because it has no value and is only used for the purpose of making the payment.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Why do most nations use fiat money today? a. Governments are able to exert control over the value of fiat money. b. Fiat money is stable ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers