Over time, the United States government has backed the paper currency it printed in all of the following ways except gold, government's promise to pay and silver
For better understanding, let us explain what paper currency means
- United States note is simply a paper currency with no backing that was first printed by the United States government in 1862 so as to finance the Civil War..
- Gold Certificate was a paper currency that was backed by gold; issued in 1863 and popular until it was recalled in 1934
- Silver Certificate was a Paper currency backed by, and redeemable only for silver but existed only from 1878 to 1968.
From the above, we can therefore say that the answer Over time, the United States government has backed the paper currency it printed in all of the following ways except gold, government's promise to pay and silver, is correct
Learn more about paper currency from:
https://brainly.com/question/15190388
