Karen used her silver receipt representative money to purchase a bike. Luke purchased two dozen eggs with commodity money and six apples.
Chris used coins from the government's flat money to purchase a bagel.
<h3>What is commodity money?</h3>
- Money that derives its worth from the commodity from which it is made is known as commodity money.
- Commodity money is made up of things that have worth or utility beyond only being exchangeable for products (intrinsic value).
- This contrasts with fiat money, which derives its value from having been established as money by government regulation, and representational money, which has no intrinsic worth but instead represents something valuable like gold or silver, which can be exchanged.
<h3>What is flat money?</h3>
- A form of currency known as fiat money is not backed by any physical good, like gold or silver.
- Usually, the government declares something to be legal tender through a decree.
- Fiat money has occasionally been created throughout history by regional banks and other organizations.
Learn more about commodity money here:
brainly.com/question/13146777
#SPJ4
Rene` Descartes <span>has been rightly called the father of modern rationalism.</span>
Answer:
A
Explanation:
Best of luck on you're test!! : )
Answer:
The Scopes trial was a trial in Dayton, Tennessee in 1925, in which teacher John Scopes was accused for his defiant against the prohibition of teaching evolution in school, as the teaching of doctrines contrary to the biblical creation in Tennessee was banned in early 1925. Finally, Scopes was found guilty and fined with $100, but was not sentenced to jail. The Tennessee Supreme Court overturned this verdict in 1927 for a formal error, as it had not been handed down by the jury, as it should have been, but by the president of the court personally.
Answer:
When the banker’s guild of Florence commissioned a massive bronze statue of St. Matthew for Orsanmichele—a former grain house turned shrine at the heart of the city—they clearly had their own magnificence in mind. Not only did they hire the highly in-demand sculptor, Lorenzo Ghiberti, to create it, but they also stipulated in the work’s contract that it must be as big or bigger than the sculptor’s creation for a rival guild in the same location. They also wanted it to be cast from no more than two pieces (a difficult feat!). Ghiberti’s fame, the statue’s scale, and the technical proficiency required to cast it were all reflections of the banker’s guild’s own status.
God bless!
