Commodity money is something:
a. that has no intrinsic value

b. that has an intrinsic value.
c. that is based on a valuable metal.
d. whose value never changes.
e. whose value cannot be determined.

b

Economics

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Economists consider profit to be

A) a cost of producing goods and services. B) something that should be eliminated by antitrust laws. C) the same as a salary. D) a reward for incurring losses.

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Most spells of unemployment are short, and most unemployment observed at any given time is long term. How can this be?

Economics