Fiat Money Has Value Because

question 3

Multiple Choice

Fiat money has value because:

• A) it is backed by gold
• B) people believe it has value
• C) it has intrinsic value
• D) it is backed by silver
• E) None of these answers are correct.

---

Definitions:

Trial Sample

A small quantity of a product distributed for free or at a minimal cost to consumers for the purpose of testing its effectiveness or appeal.

Questionnaire

A set of structured questions used for gathering information or opinions from individuals.

Shelf Space

The amount of area or space available for products to be displayed in stores; critically important for product visibility and sales.

Retailers' Resistance

The reluctance or opposition shown by retailers towards certain products, practices, or technologies.