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Which is not a type of money?

A: Solution Money
B: Commodity Money
C: Representative Money
D: Flat Money

User Cactus
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2 Answers

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Solution money is not a type of money
User Temma
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Answer:

Solution Money is not a type of money.

Step-by-step explanation:

  • Commodity Money is the value of money rendered by a commodity. The objects involved will have value in buying goods and services.
  • Representative money represents anything for its value, usually written on paper. It carries the face value.
  • Fiat money has its value regulated by the government, a kind of legal tender. Two parties can exchange goods with agreed value of money.
User Theo Kallioras
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