Which of the Following Statements Is False

question 86

Multiple Choice

Which of the following statements is false?

• A) Until the Civil War, the federal government was the major issuer of paper money.
• B) In order for traders in early economies to accept or barter for items, the supply of the item had to be limited in relation to the desire of individual in the economy to have the item.
• C) Collectors of old coins and paper money are referred to as numismatists.
• D) Money functions as a store of value.

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Definitions:

Henry Ford

An American industrialist and founder of the Ford Motor Company, known for revolutionizing the automobile industry with assembly line production.

UNESCO

The United Nations Educational, Scientific and Cultural Organization, a specialized agency aimed at promoting world peace and security through international cooperation in education, the arts, sciences, and culture.

Social Construct

A concept or perception of an idea or practice that has been created and accepted by the people in a society through cultural or social practice.

Biological Fact

A statement or principle that is objectively verifiable and based on empirical evidence from the study of living organisms.