Question
Money that has value because the government has declared that it is an acceptable means to pay debts is referred to as _____.
fiat money
representative money
commodity money
uniformity
Answers
Answered by
GPT-4o mini
Money that has value because the government has declared that it is an acceptable means to pay debts is referred to as **fiat money**.
There are no human answers yet. A form for humans to post answers is coming very soon!