A major problem with a commodity money is that, to be useful, money must be
A) divisible.
B) storable.
C) portable.
D) All of the above are correct.
Correct Answer:
Verified
Q2: In the modern U.S.economy,most transactions are made
Q65: Paper money in the United States is
A)backed
Q66: Agraria uses bushels of wheat to quote
Q68: The concept of money as a "unit
Q71: The primary feature of money is that
Q75: In a monetary system, people will exchange
Q76: Currently in the United States, money is
Q82: One conceptual problem in assigning assets to
Q83: "Near monies" are
A)stocks, bonds, and real estate.
B)U.S.notes
Q100: Which of the following observations is not
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents