Why do most nations use fiat money today? Governments are able to exert control over the value of fiat money. Fiat money is stable and will not lose value during economic downturns. Fiat money will maintain its value despite fluctuating exchange rates. Governments know that fiat money derives its value from gold and silver.
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Most nations use fiat money today because fiat money will maintain its value despite fluctuating exchange rates.
Question
Updated 2/1/2017 7:16:10 AM
Rating
8
Most nations use fiat money today because fiat money will maintain its value despite fluctuating exchange rates.
Confirmed by Andrew. [2/1/2017 1:47:09 PM]

Questions asked by the same visitor
What is one cause of scarcity?
Weegy: Scarcity is the basic economic problem that arises because people have unlimited wants but resources are limited. User: How do trade agreements help the countries involved? by restricting imports by accelerating production by expanding tax revenues by decreasing trade barriers (More)
Question
Updated 253 days ago|2/10/2020 2:11:27 PM
One cause of scarcity is poor distribution of resources.
Added 253 days ago|2/10/2020 2:10:55 PM
By decreasing trade barriers is how trade agreements help the countries involved.
Added 253 days ago|2/10/2020 2:11:27 PM
Corporate taxes are a type of income tax. property tax. sales tax. excise tax.
Question
Updated 3/16/2016 5:24:49 AM
Corporate taxes are a type of income tax: property tax
This answer has been flagged as incorrect.
Flagged by Andrew. [3/16/2016 5:24:16 AM]
Corporate taxes are a type of income tax.
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