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What gives us money its value?

Updated: 9/19/2023
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12y ago

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Gold gives money it's value

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12y ago
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Q: What gives us money its value?
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Related questions

What makes the US money valuable?

im not sure what gives our money value. Do you?


What gives money value?

Money has value because it serves as a medium of exchange, unit of account, and store of value. It is accepted by people as a commonly used medium for transactions and has a stable value recognized by society and governments. Confidence in the stability and acceptance of money by individuals and institutions also contributes to its value.


What is the value of Spain money with 100 on it converted to US money?

100 of Spain's money equels 5000 of us money


What do you like most in the bank?

The money it gives us


Why does the US gives Cuban money for?

The United States of America Government DOESN'T gives Cubans or Cuba in money of any type.


How do you use in the sentence the word gives?

The teacher always gives us a chance to do our work first. He gives money to the church.


How is Mexican money different from US money?

Mexican money and us money are very different. for one they both have different names. and they both don't have the same value. Mexican money is worth less then us money.


How much money does the US government gives to the gold medallist?

None


Does Mexican money have more or less value than US money?

it depends what country your in


What is the American value of 1000000.00 pounds in british money?

1,000,000.00 british in us money


What does the phrase laughing money mean?

Laughing money means .... Money gives us happiness which makes people laugh.


Ask us of the following most accurately explains why fiat money differs from commodity money?

Fiat money has value bc the gov. declares that it has value.