One Disadvantage of Commodity Money Is That

question 85

Multiple Choice

One disadvantage of commodity money is that

• A) it cannot be readily converted to gold.
• B) its quantity can fluctuate erratically.
• C) its value does not change.
• D) it has no value apart from its use as money.

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Definitions:

Autonomous

Referring to the capability of functioning independently or having self-governance.

Immanent

Existing or operating within; inherent within the physical world or the universe.

Immanent Justice

The belief, often held by children, that moral behavior is always rewarded and immoral behavior is always punished.

Immediate

Pertaining to something occurring or done without delay.