Which of the following is an example of a fungible good?
A)An office building
B)A computer
C)A farm
D)A used car
E)A currency

Question

Quizplus · Accepted Answer

Fungible goods are interchangeable and identical, meaning one unit is the same as any other unit. Currency is a prime example of a fungible good because any unit of currency is interchangeable and has the same value as any other unit of the same denomination. The other options listed have unique properties that make them non-fungible. For example, an office building or a farm can vary in location, size, and quality, making each unit unique. A computer or a used car can vary in condition, age, and model, also making each unit unique.

Which of the Following Is an Example of a Fungible