Business

Jr

21 July, 14:43

Wich of the following most accurately explain why fiat money has no value in itself?

A. Fiat money is always a precious metal that only has value because of its beauty.

B. Fiat money only has value as long as the free-market system exists.

C. Fiat money is not a durable commodity.

D. Fiat money has only a single use as a medium of exchange.

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