For a commodity or token to be money it must
A)be accepted in exchange for all other goods and services.
B)have a double coincidence of wants.
C)be backed by government precious metals,like gold.
D)be paper.
E)be issued by the government or a government agency.

Question

Quizplus · Accepted Answer

For a commodity or token to be considered money, it must be widely accepted in exchange for goods and services, fulfilling the role of a medium of exchange.

For a Commodity or Token to Be Money It Must