If people use quartz as a medium of exchange,then they:
A)have a barter economy.
B)are using commodity money.
C)are using token money.
D)are using legal tender.
E)are using fiat money.

Name: If people use quartz as a medium of exchange,then they: A)have a barter economy. B)are using commodity money. C)are using token money. D)are using legal tender. E)are using fiat money.
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Question

Quizplus · Accepted Answer

Quartz being used as a medium of exchange means it has intrinsic value as a commodity, making it a form of commodity money.

If People Use Quartz as a Medium of Exchange,then They