28.8k views
0 votes
Fiat money Select one: a. has no intrinsic value. b. is any close substitute for currency such as checkable deposits. c. is a medium of exchange but not a unit of account. d. is backed by gold.

User Heisian
by
5.9k points

1 Answer

5 votes

Answer:

is a medium of exchange but not a unit of account

User Lakshya Garg
by
6.1k points