Home » Past Questions » Economics » The value of money depends primarily on?

The value of money depends primarily on?


Question

The value of money depends primarily on?

Options

A)
the gold backing of the currency
B)
the gold backing of both currency and deposit
C)
the general price level
D)
government decree that it is legal tender
E)
none of the above

The correct answer is C.


More Past Questions:


Discussion