Commodity money is a good
A) used as money that has no secondary use.
B) that is designated as money by law.
C) used as money that also has value independent of its use as money.
D) used as money that has no intrinsic value.
Correct Answer:
Verified
Q24: Which of the following criteria would make
Q25: Gold is an example of
A)commodity money.
B)fiat money.
C)barter
Q26: Money is
A)an asset that people are willing
Q27: Which is not one of the criteria
Q28: When a grocery store accepts your $5
Q30: Paper currency is a
A)commodity money.
B)fiat money.
C)barter money.
D)bond.
Q31: By making exchange _,money allows for _
Q32: The statement "This Dell laptop costs $1,200"
Q33: A barter economy is an economy where
A)goods
Q34: A car dealer sells you a car
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