I'm stuck on this question in my economics homework can anyone please help?
Thanks, Ashley
Paper money?
A. has a high intrinsic value.
B. is the primary medium of exchange in a barter economy.
C. is valuable because it is generally accepted in trade.
D. is valuable only because of the legal tender requirement.
Thanks, Ashley
Paper money?
A. has a high intrinsic value.
B. is the primary medium of exchange in a barter economy.
C. is valuable because it is generally accepted in trade.
D. is valuable only because of the legal tender requirement.