Currency in the United States today is
A) fiat money.
B) intrinsic money.
C) backed by gold.
D) quasi- intrinsic.

Name: Currency in the United States today is A) fiat money. B) intrinsic money. C) backed by gold. D) quasi- intrinsic.
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Question

Quizplus · Accepted Answer

Currency in the United States today is fiat money, meaning it is not backed by a physical commodity such as gold or silver, but rather has value because the government declares it to be legal tender.

Currency in the United States Today Is