Which of the following statements regarding the use of gold as money is false?
A) It has standardized quality.
B) It is durable.
C) It has value other than money.
D) It is acceptable to traders.
Correct Answer:
Verified
Q2: Economies where goods and services are traded
Q3: Following the 2007-2009 financial crisis,many people feared
Q5: Commodity money
A)has value independent of its use
Q8: Silver is an example of a
A)commodity money.
B)barter
Q9: According to the U.S.Treasury
A)the government will not
Q10: In an economy with _,there are more
Q13: Which of the following is one of
Q15: Which of the following assets is most
Q19: Which of the following functions of money
Q20: In economics,money is defined as
A)the total value
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