Question

In the United states today what gives money it’s value

Answer 1

Answer:

It is true that the United States stopped selling gold to foreign official holders of dollars at the rate of $35 an ounce in 1971, officially ending its adherence to the gold standard. The American dollar today gets its value from the common agreement that it is backed by the government of the U.S. The right answer is A.

Answer 2

The value of money is determined by the demand for it, just like the value of goods and services