Home » Classroom » SS1 Commerce Types and forms of money. Question

What is representative money - SS1 Commerce Types and forms of money. Question

What is representative money?

A

Money backed by a commodity

B

Money representing a claim on a commodity

C

Money declared as legal tender by the government

correct option: b

Money representing a claim on a commodity

Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses