Token Money Is _____

question 38

Multiple Choice

Token money is _____

• A) money whose face value exceeds its production cost.
• B) money whose face value is less than its production cost.
• C) anything that loses its purchasing power over time.
• D) money that has no value.
• E) money that is redeemable for any commodity.

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Definitions:

Flammable Liquid

A liquid substance capable of catching fire and burning easily in the presence of an ignition source.

Light Gas Fraction

A portion of the distillate in petroleum refining that is composed of the lighter hydrocarbons, such as methane, ethane, propane, and butane.

Crude Oil

A natural, unrefined petroleum product composed of hydrocarbon deposits and other organic materials.

Crude Oil Refinement

The industrial process of transforming crude oil into useful products such as gasoline, diesel, and other petrochemicals.