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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
In order for any given commodity to be considered money, it has to
A) have some intrinsic value.
B) be generally acceptable as a means of payment.
C) be issued and controlled by some governmental institution.
D) be convertible into gold or silver.
E) be used in barter transactions.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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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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SmooothSmoooth
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8 years ago
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8 years ago
You're welcome Happy Dummy
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