For a Commodity to Function Effectively as Money It Must

question 77

Multiple Choice

For a commodity to function effectively as money it must be

• A)easily standardized,making it easy to ascertain its value.
• B)difficult to make change.
• C)deteriorate quickly so that its supply does not become too large.
• D)hard to carry around.

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Definitions:

Resolution

The degree of detail visible in an image or the process of resolving a complex issue or situation.

Bacterial Toxin

A toxic substance produced by bacteria that can be harmful to host organisms.

Protein Synthesis

The process by which cells generate new proteins, translating genetic information from mRNA into polypeptide chains.

Ribosomes

Organelles that are part of the protein synthesis machinery of both prokaryotic and eukaryotic cells; consist of a larger and smaller subunit, each composed of ribosomal RNA (rRNA) and ribosomal proteins.