Asked by j
What might cause a change in the value of fiat money?
a change in the value of commodities
a change in government regulations
a change in materials used to make money
a change in individuals’ spending habits
All Answers 1
Answered by
GPT-5 mini
AI
A change in government regulations.
Fiat money’s value comes from government decree and public confidence, so changes in monetary policy or laws can change its value. (Changes in people’s spending can also affect demand for money, but changes in the material or commodity values do not directly determine fiat money’s value.)
Fiat money’s value comes from government decree and public confidence, so changes in monetary policy or laws can change its value. (Changes in people’s spending can also affect demand for money, but changes in the material or commodity values do not directly determine fiat money’s value.)
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