Which of the following answers applies to a form of fiat money and not a form of representative currency?
A- Can't be controlled by the government.
B- Does not derive its value from government regulation.
C- Is not widely accepted as a method of payment because it can be redeemed everywhere.
D- Does not represent a claim to some specific asset.
1 answer
D- Does not represent a claim to some specific asset.
1 answer