An example of commodity money is - JAMB Economics 2022 Question
An example of commodity money is
A
currency note
B
mobile money
C
cheques
D
silver
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Correct Option: D
Option D is the correct answer.
Commodity money refers to money that possesses value both as currency and as a commodity, examples of which include gold, silver coins, diamonds, cattle, beads, and other similar items.
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