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Business, 27.03.2020 03:27 adhitrfbvg

Which of the following most accurately explains why commodity money has
value?
A. Commodity money must be a precious metal that people will value because of its beauty and usefulness.
B. Commodity money only has value because it functions as an efficient medium of exchange.
C. Commodity money only has value because the government declares it has value.
D. Commodity money is a good that can be used as a medium of exchange or for some other purpose.

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Answers: 2

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Which of the following most accurately explains why commodity money has
value?
A. Commod...
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