Commodity money is:
A) whatever the government has decreed is money.
B) a good used as a medium of exchange that has other uses.
C) money used for commodity futures trading.
D) whatever people accept as money.
Correct Answer:
Verified
Q24: Money that some authority, generally a government,
Q25: When you or your parents pay the
Q26: Money used to buy groceries is a:
A)
Q27: When a person makes price comparisons among
Q28: When you discover money in your coat
Q30: When people purchase downloaded music, they are
Q31: When countries replaced gold and silver coins
Q32: The store-of-value function of money is:
A) necessary
Q33: When you buy a ticket to the
Q34: When you are looking at a car's
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