What is the difference between commodity money and representative money?
a. commodity money c...
Social Studies, 18.10.2019 06:50 MichaelBoolin87241
What is the difference between commodity money and representative money?
a. commodity money consists of objects used as money that contain their own value, but representative money is a specific group of the commodity objects.
b. commodity money consists of objects that have value in and of themselves, but representative money makes use of objects because the holder can exchange them for something else of value.
c. representative money allows objects to be exchanged for something
Answers: 3
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