Money that has no value other than as money is called money.
A)fiat intrinsic
B)commodity
C)government

Question

Quizplus · Accepted Answer

Money that has no inherent value other than its use as a medium of exchange is known as fiat money. It derives its value solely from the fact that it is accepted as a medium of exchange by a government and its citizens. Commodity money, on the other hand, derives its value from its inherent value as a commodity, such as gold or silver. Government money may refer to either fiat or commodity money issued by a government. However, in this context, fiat money is the best choice as it specifically refers to money that has no intrinsic value.

Money That Has No Value Other Than as Money Is