Answers 26-27 Ignite Economics-KY-Economics Banking — Unit testQuestion 7

7

QuizMultiple Choice

Banking — Unit test

Question 7 of 24 • 26-27 Ignite Economics-KY-Economics

Which of these scenarios involves commodity money?

Answer

A

A girl writes a check to her friend for a stack of valuable comic books.

B

A boy starts a lemonade stand and sells each drink for twenty-five cents.

C

A woman offers her neighbor a US silver dollar in exchange for a bicycle.

D

A man buys some T-shirts and pays with a US fifty-dollar bill.

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