Representative commodity money retained its value because
A) it was an actual commodity.
B) it was a fiat money.
C) it was backed by the government.
D) it could be exchanged for an actual commodity.
D
Economics
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Which of the following will NOT shift the Keynesian short-run aggregate supply curve?
A) a change in input prices B) a change in technology C) a change in the price level D) a change in profit expectations
Economics
Explain the process by which prices of securities adjust so as to eliminate arbitrage profits
What will be an ideal response?
Economics