For a commodity to function effectively as money it must be
A)easily standardized,making it easy to ascertain its value.
B)difficult to make change.
C)deteriorate quickly so that its supply does not become too large.
D)hard to carry around.

Question

Quizplus · Accepted Answer

Standardization is important for a commodity to function as money because it ensures that each unit of the commodity has the same value, making it easy to determine the exchange rate.

For a Commodity to Function Effectively as Money It Must