An element of trust is built into money because
A) the government maintains a monopoly over the money supply, and people tend to trust monopolies.
B) one must expect that it will still have value when the holder of money wants to spend it in the future.
C) people must trust that the government can always print more of it if necessary.
D) people must trust the Federal Reserve to prevent banks from failing.

Question

Quizplus · Accepted Answer

In order to accept money, one must believe that it will not lose much value before one decides to use it to purchase other goods.

An Element of Trust Is Built into Money Because