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

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Explain the process by which prices of securities adjust so as to eliminate arbitrage profits

What will be an ideal response?

Economics