What Is a Commodity Standard

question 43

Multiple Choice

What is a commodity standard?

• A)A widely accepted model for the production of goods.
• B)An agreement on trade that sets the standard for the exchange of goods.
• C)When a government uses a paper currency whose value is close to a universal standard unit.
• D)When a government uses a good with a value of its own as the basic measure of trade.
• E)When governments use a good with a value of its own as the basic underlying monetary unit.

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Definitions:

Commitment

A conscious decision that remains constant.

Intimacy

A feeling of closeness, mutual understanding, and mutual concern for each other’s welfare and happiness.

Sexual Acts

Physical activities involving sexual intimacy or pleasure between individuals.

Genital Intercourse

Sexual activity involving the genitals of at least one participant.