In Explaining the Evolution of Money

question 69

Multiple Choice

In explaining the evolution of money

• A)government regulation is the most important factor.
• B)commodity money,because it is valued more highly,tends to drive out paper money.
• C)new forms of money evolve to lower transaction costs.
• D)paper money is always backed by gold and therefore more desirable than checks.

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Definitions:

Post-Traumatic Stress Disorder

A psychiatric disorder that can occur in people who have experienced or witnessed a traumatic event.

Dissociative Disorders

A group of mental disorders characterized by a disconnection and lack of continuity between thoughts, memories, surroundings, actions, and identity.

Dissociative Identity Disorder

A disorder characterized by the presence of two or more distinct personality states that control a person's behavior in different contexts.

Delusion of Reference

A false belief that innocuous events or mere coincidences have strong personal significance.