Which of the Following Provides the Best Explanation of Why

question 6

Multiple Choice

Which of the following provides the best explanation of why money is valuable?

• A) Money is valuable because it is declared legal tender by the government issuing it.
• B) Money is valuable because it is scarce relative to the demand for the services it provides.
• C) Money is valuable because it is backed by precious metals, primarily gold and silver.
• D) Money is valuable because it has intrinsic value, independent of its use as a means of exchange.

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Definitions:

Sebum

Oily secretion of the sebaceous glands of the skin.

Excision

The surgical removal of a body tissue, organ, or other entity either completely or partially.

Sebaceous Gland

Glands located under the skin's surface that produce sebum, an oily substance that helps to keep the skin moisturized.

Hypoallergenic Tape

A type of medical adhesive tape that is designed to minimize allergic reactions and skin irritation.