Many societies used gold as money,because
A) it is relatively rare.
B) it is durable.
C) it has a relatively low melting point.
D) All of the above are correct.
Correct Answer:
Verified
Q20: Which of the following is a store
Q21: When we measure and record economic value,we
Q22: Commodity money is
A)backed by gold.
B)the principal type
Q23: Which of the following best illustrates the
Q24: Fiat money
A)has no intrinsic value.
B)is backed by
Q26: Money
A)is a perfect store of value.
B)is the
Q27: The "yardstick" people use to post prices
Q28: Treasury Bonds are
A)both a store of value
Q29: Money is the most liquid asset available
Q30: Prisoners sometimes determine a single good to
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