Question

Fiat money has value based on:

O A. the role it plays in traditional religious ceremonies.
O B. the type of material that was used to make it.
O C. a government declaring that it is a legal currency.
O D. an agreement that it can be exchanged for something else.

Answer 1

D.an agreement that it can be exchanged for something else.

Step-by-step explanation:

The value is given thanks to the people who trust the group or gov. that is emmiting this money.