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Identify Each Attribute As Being Associated With Fiat Money, Commodity-Backed Money, Or Both.

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A government can expand the supply deliberately and quickly. Correct label: Fiat money Type of money used in most modern economies Correct label: Fiat money U.S. silver certificates are a historical example. Correct label: Commodity-backed money Type of money used in the United States prior to 1971 Correct label: Commodity-backed money Not tied to anything with intrinsic, stable value Correct label: Fiat money More portable than commodity money Correct label: Both Not tied to a good for which the demand can change Correct label: Fiat money

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