Money must be ________ which includes the fact that is should ________.
A) in physical form;not be transferable using electronic means
B) accepted as a means of payment across countries' borders;not be fiat money
C) generally accepted as a means of payment;be recognizable and divisible into small parts
D) whatever is used in a barter system;transferable across countries' borders
E) backed by gold;not decrease in value over time
Correct Answer:
Verified
Q6: For a commodity or token to be
Q7: Money is any commodity or token that
Q8: The functions of money are
A)medium of exchange,unit
Q9: In performing which of its primary functions
Q10: When you join the local organic food
Q12: Money serves as a
A)means of payment,legal obligation,and
Q13: The "double coincidence of wants" is
A)what is
Q14: In order for any given commodity to
Q15: Which of the following is NOT among
Q16: For anything to be considered money it
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