Question

Which of the following is the basis for the value of U.S. currency?

A. Gold stored by the U.S. government
B. People’s acceptance of it for exchange
C. Its expensive production methods
D. A guarantee from foreign investors

Answer 1

b: this is because they accept money for exchange of taxes and doallers

Answer 2

The value of the U.S. currency is based on the people's acceptance of it for exchange. Hence, option B is appropriate.

On what does the U.S. Currency is being valued?

The value of the U.S. dollar is measured in terms of the exchange rates. This is mainly based on the early barter system which has made the work of the currencies be set aside.

There are three determining factors for the valuation of the U.S. Dollars to be made. The value of the U.S. dollar is made through the exchange rates, Notes from the treasury, and also from Foreign exchange reserves. The U.S. Dollars are one of the most premia and now the costliest of the currencies which continuously determines the value of the place of other currencies. Moreover, the U.S. currency also determines the ups and downs in the stock exchanges. Hence, my above statement is correct.

Learn more about the U.S. Dollars here:

https://brainly.com/question/16005419

#SPJ2