Money That Has No Intrinsic Value Except as Money Is

question 85

Multiple Choice

Money that has no intrinsic value except as money is called ________ money.

• A) bonded
• B) commodity
• C) fiat
• D) intrinsic
• E) None of these answers is correct.

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Definitions:

Gonads

Gonads are the primary reproductive organs in animals, including testes in males and ovaries in females, responsible for producing gametes and sex hormones.

Adrenal Gland

An endocrine gland that produces various hormones including adrenaline and steroids affecting metabolism and stress response.

Thyroid Gland

An endocrine gland located in the neck that produces hormones regulating growth, metabolism, and energy production.

Chromosomes

Thread-like structures located inside the nucleus of animal and plant cells, made of protein and a single molecule of DNA, that carry genetic information.