Chat with AI
Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 23
Which of the following is not a characteristic of money?
A) It provides a way to measure the relative value of goods and services.
B) It is always backed by something of high intrinsic value such as gold or silver.
C) It is generally acceptable as a medium of exchange.
D) It allows for saving and borrowing.
A) It provides a way to measure the relative value of goods and services.
B) It is always backed by something of high intrinsic value such as gold or silver.
C) It is generally acceptable as a medium of exchange.
D) It allows for saving and borrowing.
Explanation
Verified
Verified
Thus the money is not always b...
Economics for Today 9th Edition by Irvin Tucker
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
