What type of intrinsic value or backing does U.S. currency have today?
A)gold
B)government bonds
C)none
D)silver

Question

Quizplus · Accepted Answer

U.S. currency does not have any intrinsic value or backing today. It is known as a fiat currency, meaning it is not backed by a physical commodity like gold or silver, and its value is determined solely by the government's declaration and the market's perception of its worth.

What Type of Intrinsic Value or Backing Does U