(Answered) Why has gold been the most commonly used commodity money?It is the most common type of money in…

Written by

in

Why has gold been the most commonly used commodity money?
It is the most common type of money in modern economies.
It is easily divisible, fungible, transportable, and storable.
It has the highest intrinsic value among commodities.
It is the oldest form of money used by civilizations.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *