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Money is any commodity or token that

Loraine

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8 years ago

Money is any commodity or token that

Money is any commodity or token that
A) is generally accepted as a means of payment.
B) is backed up and controlled by the government.
C) is naturally accepted by households to accumulate wealth.
D) does not change in value over time.
E) is backed by gold.

Textbook

Essential Foundations of Economics

Edition: 7^th

Authors: Bade, Parkin

Read 187 times

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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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Smoooth

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Solved The usefulness of money in commercial societies comes from the fact that
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Solved Money is any commodity or token that is
Solved Money is best defined as
Solved The gold standard is an example of
Solved Money is (Multiple Choice Question)
Solved Money can BEST be described as
Solved Money is a medium of exchange in that

Smoooth

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#2

8 years ago

My pleasure Happy Dummy

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