Which of the following is an example of commodity money?
A)Rare baseball cards
B)Euros
C)Stocks
D)The gold standard

Question

Which of the following is an example of commodity money?
A)​Rare baseball cards
B)​Euros
C)​Stocks
D)​The gold standard

Quizplus · Accepted Answer

Commodity money is a form of currency that has intrinsic value, meaning that the currency itself has value as a commodity. The gold standard is an example of commodity money because it is a currency that is backed by a commodity (gold). Rare baseball cards, euros, and stocks are not examples of commodity money as they do not have intrinsic value as a commodity.

Which of the Following Is an Example of Commodity Money