All of the Following Are Problems Associated with Commodity Money

question 59

Multiple Choice

All of the following are problems associated with commodity money EXCEPT

• A)it is a cumbersome form of payments system.
• B)commodities tend to have little value in and of themselves.
• C)its value is dependent on its purity.
• D)costs were incurred in certifying the purity and weight of commodity money.

---

Definitions:

Freedom of Assembly

The right to gather peacefully with others in public or private spaces for expressive activities, protected by law in many democratic societies.

Individual Mandate

A requirement for individuals to have health insurance or face penalties, aimed at ensuring broader coverage and sharing of healthcare costs.

Affordable Care Act

Landmark health reform legislation passed in 2010 aimed at increasing health insurance quality and affordability, also known as Obamacare.

Taxing Clause

The taxing clause is a provision in a legal document or statute that grants a governing body the authority to impose taxes on individuals, corporations, or other entities.