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11 October, 04:11

The US Dollar is currently a "Fiat" Currency. This means the Dollar has value because the government declares it to have value. What phenomena does this explain?

A. The Market Value of the Quarter being higher than a $20 bill, yet the $20 being worth more.

B. The Intrinsic Value of the Quarter being higher than a $20 bill, yet the $20 being worth more.

C. The Facial Value of the Quarter being higher than a $20 bill, yet the $20 being worth more.

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  1. 11 October, 06:18
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    B. The Intrinsic Value of the Quarter being higher than a $20 bill, yet the $20 being worth more.
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