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11 December, 11:38

Which of the following is a correct reason for stating that the United States has a fiduciary monetary system?

I. The U. S. currency is convertible to a fixed amount of silver or gold.

II. The U. S. currency has a predictable value.

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  1. 11 December, 13:52
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    The correct answer is The U. S. currency has a predictable value.

    Explanation: The reason why the United States has a fiduciary monetary system is because they has a predictable value in the future.
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