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:

Bioprospecting

The process of discovery and commercialization of new products based on biological resources, often in the field of medicine.

Sustainable Development

is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

Our Common Future

A report published by the World Commission on Environment and Development (WCED) in 1987, also known as the Brundtland Report, focusing on sustainable development.

Anthropocentrism

The belief that human beings are the most important entity in the universe, often leading to viewing non-human life forms and nature from a human-centered perspective.