When goods that have intrinsic value are used as money, if their value as money falls, the good:
A) is still useful to people for other reasons.
B) loses its intrinsic value.
C) is no longer useful to people for other reasons.
D) tends to gain in intrinsic value.

Question

Quizplus · Accepted Answer

Goods with intrinsic value have value outside of their use as money, so if their value as money falls, they remain useful for their other purposes.

When Goods That Have Intrinsic Value Are Used as Money