Question

What is the difference between paper currency and coins?

A. One is used to pay back a loan; the other is used to deposit in a
bank.
B. One is valuable because people accept it in exchange for goods
and services; the other has value as a precious metal.
C. One is used to pay for services; the other is used to pay for goods.
D. One is created by individual citizens; the other is created by the
government.


Answer 1

One is valuable because people accept it in exchange for goods and services; the other has value as a precious metal.

This is the answer.