The superiority of one monetary standard over another is dictated as which of the following?

Government decree

No worries! We‘ve got your back. Try BYJU‘S free classes today!

The intrinsic value of the currency

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Public confidence

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

A nation's wealth

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Public confidence
Public confidence is nothing but the superiority of one monetary standard over another.

Suggest Corrections

Similar questions

What is the money measurement concept? Which one factor can make it difficult to compare the monetary values of one year with the monetary values of another year?

Q. In your opinion, between barter system and monetary system, which one is superior and why?

Q. Was a sense of superiority responsible for the Nazis to gain power over other nations?

The crossing of superior males of one breed with the superior females of another breed is ___ .

Join BYJU'S Learning Program

The superiority of one monetary standard over another is dictated as which of the following?

The correct option is C Public confidencePublic confidence is nothing but the superiority of one monetary standard over another.

The correct option is C Public confidence
Public confidence is nothing but the superiority of one monetary standard over another.