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sergij07 [2.7K]
3 years ago
5

What determines the value of fiat currency? gold silver nation’s credit bank’s credit

History
2 answers:
Ludmilka [50]3 years ago
6 0
C. Nations credit is the correct answer
Margaret [11]3 years ago
3 0
Nation's credit.  Fiat currency is a currency like the Dollar or Pound, where a government says it has value, it's not something that does actually have value like gold or silver.  The value is determined based on the nation's credit.
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