menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Understanding the Global Economy
  4. Exam
    Exam 12: Money and Prices
  5. Question
    The Widespread Historical Use of Gold or Silver in Transactions
Solved

The Widespread Historical Use of Gold or Silver in Transactions

Question 15

Question 15

Multiple Choice

The widespread historical use of gold or silver in transactions is an example of


A) barter
B) commodity money
C) fiat money
D) credit
E) paper money

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q10: Which of the following is not included

Q11: Which price index is not affected by

Q12: The inflation rates in the 7 major

Q13: Consider the following (hypothetical) cash economy with

Q14: The equation of exchange states that the

Q16: If incomes rose proportionately with prices,then in

Q17: Suppose a sunken ship containing $1000 in

Q18: Inflation is primarily a problem<br>A) because even

Q19: The stagflation of the 1970s is generally

Q20: The next questions refer to the following.<br>The

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines