1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kaheart [24]
3 years ago
8

What is true of representative money? Check all that apply.

History
2 answers:
Natasha2012 [34]3 years ago
6 0

Answer:

It can be exchanged for a valuable good.

It was used in systems involving a "gold standard."

It can be traded for a commodity such as silver.

Explanation:

kobusy [5.1K]3 years ago
3 0

Answer:

It can be exchanged for a valuable good.

It was used in systems involving a "gold standard."

It can be traded for a commodity such as silver.

Explanation:

Representative money is a type of money that, unlike merchandise money, is based on another asset, such as money backed by gold, silver, oil or another currency, which has the quality of being convertible to the asset at which represents, which can be a kind of metallic money. This expression is also used to refer to a certificate, physical or electronic, that represents the issuer's intention to pay the certificate holder, such as, for example, a cashier's check from a bank. It differs from fiat money in that the latter is not convertible.

You might be interested in
How did the economy develop under the guidance of Alexander Hamilton?
Andru [333]
Hamilton was part of the federalist era, and believed in using force against rebellion. Under Hamilton, the U.S. economy developed well as he helped America grow into an industrial power. Hope this is useful
6 0
3 years ago
Read 2 more answers
Is calligraphy a noun verb or adjective
sammy [17]
Noun
<span> noun </span> 1. fancy penmanship, especially highly decorative handwriting, as with a great many flourishes: She appreciated the calligraphy of the 18th century. 2. handwriting; penmanship. 3. the art of writing beautifully:

3 0
2 years ago
Martin luther king, jr. disobeyed an injunction in birmingham, alabama that prohibited him from speaking publicly because he was
Rzqust [24]

Natural Law

This is a philosophy asserting that certain rights are inherent by virtue of human nature or transcendent source. As a result, we are naturally inclined towards certain objective principles that come from our nature and can be discovered through reason.  


8 0
3 years ago
Was the government involved with the kennedy assination
bekas [8.4K]

Answer:

No. The government had nothing to do with the Kennedy assassination.

4 0
2 years ago
How is capitalism linked to a market economy
Andrej [43]
Ok so i'm learning this right now to but i think it is because capitalism is a system of economic production where business owners (capitalists) acquire the means of production (capital) and hire workers who get paid for their labor which js where marketing comes in!
6 0
2 years ago
Other questions:
  • Why did cronus eat his children?
    14·1 answer
  • The map shows the area of the seven years' war. which conclusion is most readily drawn from the map?
    5·1 answer
  • Congress established the Reconstruction Finance Corporation (RFC) to loan money to what?
    9·2 answers
  • Which South American leader fought for independence in Venezuela and after approximately 10 years, had freed most of Southern Am
    7·2 answers
  • Please help 46 points
    7·1 answer
  • What was Lincolns main reason for writing the Emancipation Proclamation
    14·2 answers
  • Winston Churchill was the prime minister of
    15·2 answers
  • PLEASE HELP ASAP
    13·1 answer
  • Who discovered terracotta soldiers​
    9·2 answers
  •  <br><br> Someone please help this is due tonight and I’m in need of help
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!