ECONOMICS
MONEY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A type of money that has value because it can be exchanged for something else of value (ex. gold).
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certificate money
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representative money
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fiat money
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commodity money
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Explanation:
Detailed explanation-1: -Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods.
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