History, 04.12.2020 21:30 dozsyerra

ECON Throughout history, gold has been a valuable precious metal. Its value as a metal led many civilizations to use it as a currency. In this role, gold was serving as which type of money?
A. Commodity money
B. Representative money
C. Fiat money
D. Currency money SUBMIT

Answers: 2

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ECON Throughout history, gold has been a valuable precious metal. Its value as a metal led many ci...

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ECON Throughout history, gold has been a valuable precious metal. Its value as a metal led many civilizations to use it as a currency. In this role, gold was serving as which type of money? A. Commodity money B. Representative money C. Fiat money D. Currency money SUBMIT

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Another question on History

ECON Throughout history, gold has been a valuable precious metal. Its value as a metal led many civilizations to use it as a currency. In this role, gold was serving as which type of money?
A. Commodity money
B. Representative money
C. Fiat money
D. Currency money SUBMIT