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Money that has value because the government has ordered that it is an acceptable means to pay debts is referred to as 1) fiat money 2) commodity money 3) representative money 4)…

Money that has value because the government has ordered that it is an acceptable means to pay debts is referred to as 1) fiat money 2) commodity money 3) representative money 4)…
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5 votes
Money that has value because the government has ordered that it is an acceptable means to pay debts is referred to as

1) fiat money

2) commodity money

3) representative money

4) uniformity

asked
User Xianwei
by
8.3k points

1 Answer

7 votes

Answer:

Fiat money is the answer

Step-by-step explanation:

answered
User Zeynep
by
8.3k points
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