Devarea14 Devarea14

23-08-2022
Mathematics

contestada

What type of money is nonconvertible and has no intrinsic worth?
OA. Gold
B. Commodity money
C. Fiat money
D. Currency

Respuesta :

chorney190603 chorney190603

25-08-2022

Answer: Fiat money

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

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