Economy, asked by luthra2148, 1 year ago

Allintitle:what determines the value of fiat currency

Answers

Answered by Anonymous
0

\huge\mathbb\blue{BONJOUR,}

\huge\mathfrak{Answer:}

Fiat money is backed by a country's government instead of a physical commodity. The value of fiat money is not determined by the material with which it is made. That means the metals used to mint coins and the paper used for bills are not valuable themselves

<font color ="purple"><marquee behavior ="alternate"> ~♥~~♥~Hope It Helps~♥~~♥~</font color ="purple "></marquee behavior="alternate">

\huge\mathfrak{Regards}

\huge\mathbb\red{Aaravxxx}

Similar questions