What type of money has value based on intrinsic worth?

Mathematics

1 answer:

Svetradugi [14.3K]1 year ago

7 0

Answer: Commodity money

Explanation: has intrinsic value because it has other uses besides being a medium of exchange. Fiat money serves only as a medium of exchange, because its use as such is authorized by the government; it has no intrinsic value.

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