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32 votes
32 votes
What type of money has value based on intrinsic worth?

A commodity money
B fiat money
C digital money
D currency

User Jeson Martajaya
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1 Answer

8 votes
8 votes

Answer: Commodity money

Explanation: has intrinsic value because it has other uses besides being a medium of exchange. Fiat money serves only as a medium of exchange, because its use as such is authorized by the government; it has no intrinsic value.

User Turnsole
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