10
QuizMultiple Select

3.1 Money

Question 10 • (OC27) Economics-2102310-Sem-Meadows

What is true of representative money? Check all that apply.

Answer
A
It can be exchanged for a valuable good.
B
It was once the most common form of money.
C
It was used in systems involving a "gold standard."
D
It can be traded for a commodity such as silver.
E
It is made with precious metals or stones.