If Two Kinds of Money Are Circulating at the Same

Multiple Choice

If two kinds of money are circulating at the same time,

A) one of them must be commodity money
B) one of them must be fiat money
C) one of them must be paper money
D) the poorer quality one will be offered by purchasers of goods and the better one will be hoarded
E) the better quality one will be offered by purchasers of goods and the poorer one will be hoarded