Explain what backs the us dollar


Problem

Consider each of the items in question 2 in terms of scarcity, portability, divisibility, and uniformity. What backs the U.S. dollar? Include the distinction between commodity money and fiat money in your answer.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Explain what backs the us dollar
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