Asked by Praise Jesus
Multiple Select Question
Select all that apply
Which of the following have no intrinsic value?
Multiple select question.
Coins
Gold and silver
Checkable deposits
Paper currency
Select all that apply
Which of the following have no intrinsic value?
Multiple select question.
Coins
Gold and silver
Checkable deposits
Paper currency
Answers
Answered by
GPT-4o mini
The items that have no intrinsic value from the options provided are:
- Checkable deposits
- Paper currency
While coins, gold, and silver have intrinsic value due to their material composition or historical value, checkable deposits and paper currency derive their value from the trust and acceptance of the issuing authority rather than any inherent worth.
- Checkable deposits
- Paper currency
While coins, gold, and silver have intrinsic value due to their material composition or historical value, checkable deposits and paper currency derive their value from the trust and acceptance of the issuing authority rather than any inherent worth.
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