Because Commodity Money Is Not Uniform in Quality, There Is

question 36

Multiple Choice

Because commodity money is not uniform in quality, there is a tendency

• A) for higher quality commodity money to drive lower quality commodity money out of circulation.
• B) for lower quality commodity money to drive higher quality commodity money out of circulation.
• C) for stable commodity money to drive unstable commodity money out of circulation.
• D) for unstable commodity money to drive stable commodity money out of circulation.