which one of the functions or properties listed in part 1 did some people feel was threatened in 1862 by the issuance of fiat currency? choose one: a. barter b. unit of account c. medium of exchange d. store of value e. hard to counterfeit

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21-11-2022
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which one of the functions or properties listed in part 1 did some people feel was threatened in 1862 by the issuance of fiat currency? choose one: a. barter b. unit of account c. medium of exchange d. store of value e. hard to counterfeit

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Yormex Yormex · Answer 1 · 2022-11-25T12:12:06+01:00

The one of the functions or properties listed in part 1 that some people felt was threatened in 1862 by the issuance of fiat currency is option D. store of value

What is the issuance of Fiat currency?

Fiat money is a government-issued currency that is not supported by a good like gold. Fiat money afforded the central banks high level of control over the economy due to the say over how much money is printed that they had. Most modern currencies are fiat currencies.

Therefore, the correct answer is as given above

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