What is fiat money - SS1 Commerce Meaning and history/ evolution of money. Question
What is fiat money?
A
Money backed by a commodity
B
Money with intrinsic value
C
Money declared as legal tender by the government
Ask EduPadi AI for a Detailed Answer
Correct Option: C
Money declared as legal tender by the government
Please share this, thanks:
#SS1 #SS1
Add your answer
No responses