A common trait of money through history and across cultures is that money
A) always had mystical properties.
B) was always issued by the local government.
C) was always based on gold or some other precious commodity.
D) was always generally accepted as a means of payment.
E) was always fiat money.
Correct Answer:
Verified
Q1: The medium of exchange is defined as
A)barter.
B)the
Q2: Money is best defined as
A)anything that has
Q4: Money is any commodity or token that
A)is
Q5: A barter system of payment is
A)similar to
Q6: For a commodity or token to be
Q7: Money is any commodity or token that
Q8: The functions of money are
A)medium of exchange,unit
Q9: In performing which of its primary functions
Q10: When you join the local organic food
Q11: Money must be _ which includes the
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