Answered: Money without intrinsic value and used…

Money without intrinsic value and used as money because of government decree is called, a. commodity money b. barter system c. fiat money d. gold

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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QUESTION 20 Money without intrinsic value and used as money because of government decree is called, a. commodity money b. barter system c. fiat money d. gold

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