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

---

Definitions:

S&P 500

A U.S. stock market index reflecting the market value of 500 major companies with common stock on the NYSE or NASDAQ.

Correlation

A statistical measure that describes the degree to which two variables move in relation to each other.

Standard Deviation

A statistical measure that represents the dispersion or variability of a data set or investment returns around the mean.

Covariance

A measure of the degree to which two variables move in relation to each other. It can indicate if the movements are positively or negatively correlated.