Multiple Choice
Which of the following statements is true of money?
A) Paper money was invented around 1000 AD in China.
B) Fiat money was used in the barter system of exchange.
C) Paper money was the first form of money to be invented.
D) One of the limitations of paper money is that it does not function as a store of value.
Correct Answer:
Verified
Correct Answer:
Verified
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