Question
A new nation has emerged and needs to create a currency. Which of these characteristics would make it medium of exchange?
A. if other nations begin to use it
B. if the nation's economy is based on it
C. if the currency will hold its own value over time
D. if it is accepted with a known currency, like the dollar
A. if other nations begin to use it
B. if the nation's economy is based on it
C. if the currency will hold its own value over time
D. if it is accepted with a known currency, like the dollar
Answers
GPT 3.5
A. if other nations begin to use it