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.

---

Definitions:

Sulphur Dioxide

A toxic gas with a pungent, irritating smell, commonly resulting from the burning of fossil fuels and is a significant pollutant in the atmosphere.

Sulphuric Acid

A highly corrosive strong mineral acid with the molecular formula H2SO4, used in a wide variety of industrial processes.

Acid Deposition

The falling of acids and acid-forming compounds from the atmosphere to the Earth's surface, often as rain, snow, or dust, having harmful effects on ecosystems, structures, and human health.

Tar Sand Oil

A viscous form of petroleum found in sand deposits, which requires intensive extraction and processing methods.