What gives money its value?
A)Supply and demand
B)Backed by gold
C)Backed by silver
D)Present values

Name: What gives money its value? A)Supply and demand B)Backed by gold C)Backed by silver D)Present values
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Question

Quizplus · Accepted Answer

Money derives its value from the concept of supply and demand. When the demand for a currency is high, its value increases, and when the demand is low, the value decreases. This is because the value of money is based on the perception of the market and the economy as a whole.

What Gives Money Its Value