Multiple Choice
Gold is a perfect medium of exchange and measure of value because of its:
A) divisibility, portability, and homogeneity.
B) divisibility and durability.
C) durability and relative scarcity.
D) durability and homogeneity.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q42: In the United States, the money supply
Q44: Which of the following is the most
Q45: Who runs the Federal Reserve System? Describe
Q46: The Federal Reserve System:<br>A) was created by
Q48: Which one of the following is part
Q49: Which of the following is the most
Q50: Which of the following forms of money
Q51: The Federal Reserve System was founded in:<br>A)
Q52: With respect to controlling the money supply,
Q72: A barter economy is one in which<br>A)