Multiple Choice
Commodity money is something:
A) that has no intrinsic value.
B) that has an intrinsic value.
C) that is based on a valuable metal.
D) whose value never changes.
E) whose value cannot be determined.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q95: People came to accept fiat money because
Q96: Between 1930 and 1933,many banks in the
Q97: A subprime mortgage is:<br>A)a mortgage in which
Q98: Money does not solve the double coincidence
Q99: Thousands of U.S.banks failed in the 1930s
Q101: To say that money serves as a
Q102: Each member of the Board of Governors
Q103: Insurance that protects individuals from the loss
Q104: The Federal Reserve provides gold in exchange
Q105: The tendency of bankers to take unwarranted