Register
Fiat money has A. little to no intrinsic value and is authorized by the central bank or governmental body. B. a great intrinsic value that is independent of its use as money. C. ​value, because it can
81.5k views
3 votes
Fiat money has A. little to no intrinsic value and is authorized by the central bank or governmental body. B. a great intrinsic value that is independent of its use as money. C. ​value, because it can be redeemed for gold by the central bank. D. little to no intrinsic value but is backed by the quantity of gold held by the central bank.

User Oswaldo Ferreira
by
5.1k points

1 Answer

4 votes

Answer:

A. little to no intrinsic value and is authorized by the central bank or governmental body.

Step-by-step explanation:

Fiat money has little to no intrinsic value and is authorized by the central bank or governmental body.

User A M
by
5.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.0m questions

7.9m answers

Other Questions

What are some ways you can save on car insurance?
_____ reminds customers and clients that they made a good choice in selecting a company with which to do business, or it reminds them of the good qualities of their purchase.​
Demonstrate how binomial nomenclature is related to classification systems by identifying the genus name and the specific name of the domestic cat felis catus
The dark printed words on the page of a book are easily read because they are printed on a light ground. this is an example of the principle of ____________.
On august 1 the darius co. purchased a photocopy machine for $8,000. the estimated annual depreciation on the machine is $1,680. if the company prepares annual financial statements on december 31, the
Link Copied!