Multiple Choice
Which is not one of the criteria necessary for a commodity to make a suitable medium of exchange?
A) It should be durable.
B) It should be of standardized quality.
C) It should be valuable relative to its weight.
D) It should have intrinsic value.
Correct Answer:

Verified
Correct Answer:
Verified
Q229: The quantity equation becomes the basis for
Q230: Scenario 14-2<br>Imagine that Kristy deposits $10,000 of
Q231: Which of the following assets is most
Q232: What are the four functions of money?
Q233: Suppose a transaction changes the balance sheet
Q235: The three main monetary policy tools used
Q236: Why is the real-world deposit multiplier smaller
Q237: Dollar bills in the modern economy serve
Q238: Scenario 14-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Scenario 14-1
Q239: The required reserves of a bank equal