Which of the following most accurately explains why fiat money differs from commodity money?
Fiat money can also be used as a productive input.
Fiat money has value because it is a precious metal such as gold.
Fiat money only has value as a medium of exchange.
Fiat money has value because it enables the barter system to work.
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following most accurately explains why fiat money differs from commodity money? Fiat money can also be used as a productive ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » Which of the following most accurately explains why fiat money differs from commodity money? Fiat money can also be used as a productive input. Fiat money has value because it is a precious metal such as gold.