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Tidy Tidy
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Posts: 4852
9 years ago
Which of the following criteria would make gold a poor medium of exchange?
A) its value depends on its purity, and its purity is not easy to visibly identify
B) durability so that value is not lost by spoilage
C) value relative to its weight so that amounts large enough to be useful in trade can be easily transported
D) divisibility because different goods are valued differently
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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Posts: 3807
9 years ago
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