An example of a good that can be used for money that has no intrinsic value is:
A) gold.
B) paper dollar bills.
C) cigarettes.
D) None of these has intrinsic value.
Correct Answer:
Verified
Q1: Holding money is:
A)nearly always the most convenient
Q6: We say that money is a unit
Q7: We say that money is a medium
Q7: Wide acceptance of money without intrinsic value
Q8: Assets that are used for money that
Q9: The set of all assets that are
Q10: When deciding what to use as money,one
Q11: One of the functions of money is
Q14: An example of a good that can
Q15: When goods that have intrinsic value are
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