Money may be used as a commodity. State true or false, and explain. (2024)

Money may be used as a commodity. State true or false, and explain. (1)

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Money may be used as a commodity. State true or false, and explain. (6)

Money may be used as a commodity. State true or false, and explain. (7)

Money may be used as a commodity. State true or false, and explain. (8)

Money may be used as a commodity. State true or false, and explain. (9)

Money may be used as a commodity. State true or false, and explain. (10)

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Items Excluded in GDP

Money may be ...

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Solution

True. It happens when the intrinsic value (commodity value) of money exceeds its face value (money value).


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Items Excluded in GDP

ECONOMICS

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See Also
Understanding Commodities | PIMCOCommodification of the Nigerian Naira.Commodity vs Forex Trading - Understand the Difference | Angel OneCurrency: What It Is, How It Works, and How It Relates to Money

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Money may be used as a commodity. State true or false, and explain. (2024)
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