Mic2: Commodity money, Fiat money, Specie, characteristics of money
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Last updated almost 6 years ago
5 questions
1
Which of the following items is NOT considered commodity money?
Which of the following items is NOT considered commodity money?
1
What kind of money has no intrinsic value and is simply money because the government says so?
What kind of money has no intrinsic value and is simply money because the government says so?
1
Which characteristic of money is most important in helping money keep its value?
Which characteristic of money is most important in helping money keep its value?
1
The fact that we have $100's, $50's, $20's, and $10's, is focusing on which characteristic of money?
The fact that we have $100's, $50's, $20's, and $10's, is focusing on which characteristic of money?
1
Using debit cards for most of our purchases is focusing on which characteristic of money?
Using debit cards for most of our purchases is focusing on which characteristic of money?