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Fiat money are objects that are because the law decrees or orders them to be O A. money, money OB. goods and services, goods and services O c. exchanged, exchanged O D.. saved, saved

Answer :

A - Fiat money are objects that are because the law decrees or orders them to be Money.

A form of government-issued money known as "fiat money" is backed by the government itself rather than a tangible asset like gold or silver. Instead of the value of a commodity that serves as its backing, the value of fiat money is determined by the relationship between supply and demand and the stability of the government that issues it. The U.S. dollar, the euro, and other major global currencies are examples of modern fiat currencies.

Fiat money is a government-issued currency that is not backed by a commodity such as gold.

Fiat money gives central banks greater control over the economy because they can control how much money is printed.

Most modern paper currencies, such as the U.S. dollar, are fiat currencies.

One danger of fiat money is that governments can print too much of it, resulting in hyperinflation.

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