In the united states today, what gives money its value? a.people trust that dollars are valuable. b.dollars are backed by gold and silver. c.dollars can be exchanged for a precious commodity. d.money has a representative value.

People trust that dollars are valuable.

It is true that the United States stopped selling gold to foreign official holders of dollars at the rate of $35 an ounce in 1971, officially ending its adherence to the gold standard. The American dollar today gets its value from the common agreement that it is backed by the government of the U.S. The right answer is A.