cece7772
contestada

Fiat money has an alternative use as an economic good, while commodity money did not. True or false

Respuesta :

Answer:

False

Explanation:

Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods.

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use value.