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:

Person-Centered Therapist

A therapist who operates under the principles of person-centered therapy, focusing on providing a supportive environment that fosters the client's self-discovery and personal growth.

Inherent Value

The intrinsic worth of something, recognized as valuable in and of itself, independent of its utility for some other purpose.

Pre-Determined Belief

A belief that is established before encountering new information or experiences, often influencing the interpretation of such information.

Q-Sort Technique

A methodology used in psychology for assessing traits, attitudes, or subjective reactions of individuals, using a sorting task of statements.