1.Which of the following is not helpful in making something a good money?   Make it from something everyone values like gold.   It is widely accepted for all other goods and services.     Make it from something that wears out quickly.   Make it hard to counterfeit.

Q: why can't food be used as a form of money?

A: Money is anything which is generally accepted by the people in the economy and used for the purchase…

Q: Which of the following statements represent a use of money that is not consistent with its…

A: Money is a commodity that is commonly acknowledged as a medium of exchange for goods and services.…

Q: Gold and silver have been historically used as materials for making commodity money (coins) by many…

A: The functions of money can be sub-divided into primary functions and secondary functions. The…

Q: A main difference between using cigarettes and using dollars as money is that    have intrinsic…

A: Intrinsic value : The inherent value of an object or commodity that is not based on its monetary or…

Q: money is a concept has a certain value at a point in time.

A: Money is the concept that money you have in present is worth more than the identical sum in the…

Q: What are some currencies of great value in a workplace that is in high demand? List at least 3 and…

A: Commonly, the value of different currencies around the global financial market keeps on changing…

Q: Could corn be used as commodity money?

A: Commodity Money: The commodity money refers to the commodities that were used as the medium of…

Q: What is money

A: Every person in a society cannot produce everything on its own. They have to exchange goods and…

Q: The total amount of U.S. currency in circulation divided by the U.S. population comes out to about…

A: The aggregate volume of money available in an economic region at a point in time constitutes its…

Q: ifferentiate the barter vs. coinage vs. paper/polyme

A: Money: Money is an object or verifiable record that is commonly used in a particular country or…

Q: 1. find and cite two recent articles in a magazine or newspaper or on a website about bitcoin and in…

A: Article 1: "Bitcoin's surging price is not good news for its energy efficiency" by Timothy B. Lee,…

Q: An advantage that money has over other assets is that it: Answer a. Provides a higher return to the…

A: Money can be termed as a medium of exchange used for the transactional purposes of goods &…

Q: What is the difference between printing money and creating money?

A: In an economy, the task of printing money is undertaken by the government. The central bank decides…

Q: Buying a cup of coffee with a dollar bill represents the use of money as a

A: (Q) Buying a cup of coffee with a dollar bill represents the use of money as a (Q) Buying a cup of…

Q: Debit cards are considered as __________ money

A: According to time, place and different circumstances money has evolved itself through many different…

Q: Write a post that explains why money is not the universal measure of all value.

A: Money is the major consideration for all the people in today’s world. Without money the people…

Q: What do you think about the future of digital coins?

A: Any currency, money, or money-like asset that is primarily controlled, stored, or exchanged on…

Q: How does the existence of money simplify the process of buying and selling?

A: Money: It is a medium used for exchange.

Q: Task 2: Create characteristics a poster to explain the main of money.

A: Note: The main characteristics of money are explained in the provided answerMoney is a crucial…

Q: Which of the criteria for being used as money in a modern society does each of the following not…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: ays.

A: Digital money is a currency that exists purely in digital form or electronic form but not in…

Q: Vault cash is included in which of the following measures of the money supply of the United States?…

A: Money supply  refers to the amount of total money that is in circulation in the economy at a…

Q: What is the difference between book money and paper money?

A: Barter system is a demonstration of exchanging labor and products between at least two gatherings…

Q: a) Describe our society at present if it doesn’t use money. b) How the transactions would be if…

A: Money: It refers to the cash used by the people for doing the various transaction in an economy.…

Q: barter system

A: In a barter system, items and services are exchanged immediately for different goods and offerings,…

Q: How does an increase in the money supply get into the hands of consumers? What do they do with it?

A: The total stock of currency and liquid form of instruments circulating in a nation at a particular…

Q: Fiat Money or Commodity Money, which is more prone to inflation?

A: The tendency of price rising up in an economy, making the the purchasing power of money lower over…