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Loraine Loraine
wrote...
Posts: 4563
8 years ago
For a commodity or token to be money it must
A) be accepted in exchange for all other goods and services.
B) have a double coincidence of wants.
C) be backed by government precious metals, like gold.
D) be paper.
E) be issued by the government or a government agency.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 657 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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Posts: 5500
8 years ago
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8 years ago
No problemo Happy Dummy
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