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How does the modern money of the United States differ from money used in the past?(1 point)

A. The U.S. dollar has intrinsic value but is not redeemable for a valuable good.
B. The U.S. dollar has no intrinsic value and is not redeemable for a valuable good.
C. The U.S. dollar has no intrinsic value but is redeemable for a valuable good.
D. The U.S. dollar has intrinsic value and is redeemable for a valuable good.

Sagot :

The way that modern money differs from the money used in the past is that

  • The U.S. dollar has intrinsic value and is redeemable for a valuable good.

What is the value of the US dollar?

This money is used as the medium of exchange in the country. It has intrinsic value because it helps to measure the value of investments.

Money is also redeemable. These characteristics are very unlike the past uses of money in the olden days.

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