21
QuizMultiple Select

Unit Test

Question 21 • Academy - Economics and Personal Finance

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.
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What is true of representative money? Check all…