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.

---

Definitions:

Y-intercept

In a graph, it is the point at which the curve intersects the vertical axis, indicating the value when independent variables are absent.

Data

Data gathered for the purpose of reference or analysis.

Y-intercept

The point at which a line crosses the y-axis of a graph, reflecting the value of the dependent variable when the independent variable is zero.

Calculate

To determine the value or amount of something typically by mathematical processes.