2 years ago

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

History

2 answers:

Ludmilka [50]2 years ago

6 0

C. Nations credit is the correct answer

Margaret [11]2 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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