How does the U.S. dollar differ from money used in the past? (1 point)

Question

• The U.S. dollar has intrinsic value.
• The U.S. dollar has intrinsic value and is redeemable for a valuable good.
• The U.S. dollar has no intrinsic value.
• The U.S. dollar has no intrinsic value but is redeemable for a valuable good.

Answer 1

The U.S. dollar has no intrinsic value but is redeemable for a valuable good.