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Gold gives money it's value

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13y ago

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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.


What gives us money value in 2010?

In 2010, money derives its value primarily from a combination of factors including government backing, supply and demand dynamics, and public trust. Fiat currency, such as the US dollar, is not backed by a physical commodity but is valued because the government maintains it as legal tender and people have confidence in its stability and acceptability for transactions. Additionally, economic indicators like inflation, interest rates, and overall economic performance influence perceptions of money's value. Ultimately, it's the collective belief in money's worth that sustains its value in the economy.


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


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

None


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.