If a good with intrinsic value loses value as money, the good:
A) is still useful for other reasons.
B) loses its intrinsic value.
C) is no longer useful for other reasons.
D) tends to gain in intrinsic value.

Question

Quizplus · Accepted Answer

A good can have intrinsic value for reasons beyond its use as a form of money. For example, gold may be valuable for its properties in electronics and jewelry even if it loses value as a currency.

If a Good with Intrinsic Value Loses Value as Money