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Which of the following is an example of representative money? a. gold b. salt c. a check d. a tract of land
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Which of the following is an example of representative money? a. gold b. salt c. a check d. a tract of land
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Nov 4, 2017
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Which of the following is an example of representative money?
a. gold
b. salt
c. a check
d. a tract of land
Business
high-school
Benbenw
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Benbenw
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C is the correct answer
Idan Moshe
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Nov 4, 2017
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Idan Moshe
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"Representative money
is an item such as a token or piece of paper that has no intrinsic value but can be exchanged on demand for a commodity that does have intrinsic value, such as gold, silver, copper, and even tobacco" Google.
C) A check.
MkHun
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Nov 10, 2017
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MkHun
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