The Wide Acceptance of Fiat Money Is Determined By

Multiple Choice

The wide acceptance of fiat money is determined by:

A) people's belief that it is worth something.
B) the amount of precious metal that the government holds to back the money.
C) the money's market value as a commodity.
D) the rate of interest,which is the price paid to borrow money.
E) its ability to function as a unit of account.