Multiple Choice
Which of the following is not one of the criteria for a commodity to be a suitable medium of exchange?
A) It should be durable.
B) It should have a standardised quantity.
C) It should be valuable.
D) It should be a precious metal.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: How does the existence of financial intermediaries
Q19: Suppose that you want to buy a
Q32: List the five criteria necessary in order
Q66: When employees receive their wages after they
Q82: The reserves of a bank:<br>A)are usually a
Q90: Which of the following is used by
Q98: Suppose you deposit $2000 into a bank
Q103: 'Broad money' is usually less than M3
Q117: If you save $3 000 for a
Q149: A barter economy is an economy where<br>A)goods