Asked by Anonymous
4.Consider a hypothetical economy in which rice functions as money. In addition to being valued as money, rice is valued as a consumer good. In this scenario, rice is said to be
representative money
commodity money
currency
fiat money
representative money
commodity money
currency
fiat money
Answers
Answered by
Noah from outer space
I just took the quick check properties if money their all right :))
1. Sarah trades her apple for aves bag of chips
2. Medium exchange
3. commodity money
4. a price of other lunch items is
expressed in quantities of pudding
cups
5. a U.S doller does not represent a claim to some specific assets
1. Sarah trades her apple for aves bag of chips
2. Medium exchange
3. commodity money
4. a price of other lunch items is
expressed in quantities of pudding
cups
5. a U.S doller does not represent a claim to some specific assets
Answered by
🦇
Noah from outer space is correct :)
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