Home » Classroom » SS1 Commerce Meaning and history/ evolution of money. Question

What is representative money - SS1 Commerce Meaning and history/ evolution of money. Question

What is representative money?

A

Money backed by a commodity

B

Money with intrinsic value

C

Money declared as legal tender by the government

correct option: a

Money backed by a commodity

Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses