Which of the following has intrinsic value?
A) a gold coin
B) a twenty-dollar bill
C) a bank account
D) a personal cheque
Correct Answer:
Verified
Q2: Which statement best defines barter?
A) It is
Q4: When Arnold uses dollars to record his
Q5: What is current Canadian currency?
A) fiat money
Q6: Which of the following is included in
Q9: Which of the following ranks assets from
Q13: Which statement best illustrates the unit of
Q16: Mia puts money into a piggy bank
Q18: What characterizes commodity money?
A) It is money
Q19: What is the role of money in
Q20: What characterizes currency?
A) It has intrinsic value.
B)
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