
The major disadvantage of commodity money is that
A) anybody can issue it and walk away.
B) its value fluctuates with the scarcity of the commodity.
C) it is subject to dollarization.
D) the central bank cannot be prevented from issuing too much of it.
Correct Answer:
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Q2: There is a double coincidence of wants
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Q8: Which characteristic does money currently not have?
A)
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Q12: The gold standard is an example of
A)
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