Which Type of Money Has Intrinsic Value

question 41

Multiple Choice

Which type of money has intrinsic value?

• A)commodity money
• B)fiat money
• C)both commodity money and fiat money
• D)neither commodity money nor fiat money

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Definitions:

Theory Of Planned Behavior

A psychological theory that links beliefs and behavior, suggesting that an individual's behavioral intentions are shaped by their attitudes towards the behavior, subjective norms, and perceived control over the behavior.

Intention To Act

A mental state that represents a commitment to carrying out an action or actions in the future.

Subjective Norms

Beliefs about the social pressures to perform or not perform a particular behavior, which can influence an individual's actions.

Perceived Behavioral Control

An individual's belief in their capability to exert control over their own behavior.