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A decimal number is simply a way of representing a number in such a way that the place value of each digit is ten times that of the digit to its right.

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Q: Why is the US monetary system referred to as a decimal system?
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Is the us number system decimal or binary?

Decimal.


US monetary system went off this standard during the Depression?

Gold


What kind of number system is commonly used in the US is it decimal or binary?

Decimal.


Did the US ever adopt the Spanish dollar as a the basic monetary system?

The US never adopted the Spanish dollar as a monetary system. However, in the early years of the Republic the use of foriegn currency, including the Spanish Dollar, was common and accepted.


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It was designed in 1944 by 730 delegates from 44 allied nations and was called the Brenton Woods System.


What kind of number system is commonly used in the US?

Decimal


How would you use bimeattlism in a sentence?

Bimetallism was a monetary system that died in the late 19th century in the US.


Which policy is the responbiliy of the federal reserve system to contribute to the strength and vitality of the US economy?

monetary policy


Which regulatory agency oversees the US' monetary system and credit supply?

the answer to studyisland is Federal Reserve Board


Is it legal to develop a new monetary system in the US?

No. Never for a "private" non-government monetary system, but, yes, it would have to be introduced as a Bill into Congress, and the entire lawmaking process would have to take place in order to pass it.


What was the annuity system involving the US government and Indian tribes?

system under which the federal government gave annual monetary grants to Indians


What best describes The US Federal Reserve System A Is responsible for monetary policy and money supply B Prints money C Keeps the country out of debt D Helps people in need E None of the above?

The US Federal Reserve System A Is responsible for monetary policy and money supply.