Ghana provides an interesting case of both commodity and fiat money existing today.What is the "commodity"?
A) glass beads
B) leather
C) horn
D) cowry shells

Question

Quizplus · Accepted Answer

Cowry shells have historically been used as a form of currency in various parts of the world, including Ghana. They are considered a commodity money because they have intrinsic value and can be used for purposes other than as a medium of exchange.

Ghana Provides an Interesting Case of Both Commodity and Fiat