Dollar bills in the modern economy serve as money because - 3621

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Dollar bills in the modern economy serve as money because 

A. they have value as a commodity independent of their use as money.

B. they can be redeemed for gold by the central bank.

C. they are backed by the gold stored in Fort Knox.

D. people have confidence that others will accept them as money.

 
Solution Description

Dollar bills in the modern economy serve