Multiple Select Question

Question

Select all that apply

Which of the following have no intrinsic value?
Multiple select question.

Coins

Gold and silver

Checkable deposits

Paper currency

Answer 1

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.