Answers FL-2102340-Economics with Financial Literacy Teacher Directed MoneyQuestion 5

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Money

Question 5 • FL-2102340-Economics with Financial Literacy (Teacher Directed)

What is true of representative money? Check all that apply.

Answer

A

It can be exchanged for a valuable good.

B

It was once the most common form of money.

C

It was used in systems involving a "gold standard."

D

It can be traded for a commodity such as silver.

E

It is made with precious metals or stones.

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