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14 January, 12:30

In 1971 the US dollar became part of a total fiat system meaning what?

A. It could no longer be divided into equivalent units

B. It could no longer be used as a medium of exchange

C. It could no longer serve as a storehouse or value

D. It could no longer be converted into gold

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Answers (1)
  1. 14 January, 14:14
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    D. It could not longer be converted into gold.
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