Multiple Choice
Commodity money is money that:
A) has no value as a commodity.
B) is not backed by gold or silver and is not a legal tender.
C) may go out of circulation with an increase in its intrinsic value.
D) always has a face value greater than the intrinsic value.
E) is solely used in barter exchanges.
Correct Answer:
Verified
Correct Answer:
Verified
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