Why do people accept money-does not have intrinsic value

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Reference no: EM131090557

Why do people accept money that does not have intrinsic value?

A. people are irrational

B. people are misinformed and believe that it does have value

C. the government is required to offer gold in exchange for currency

D. people beleive that others will accept this money later

Reference no: EM131090557

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