जॉइन Examsbookउत्तर : 4. "A check"
Which of the following is an example of representative money?5
प्र: Which of the following is an example of representative money?
- 1Saltfalse
- 2A tract of landfalse
- 3Goldfalse
- 4A checktrue
- उत्तर देखें
- Workspace
उत्तर : 4. "A check"
व्याख्या :
Answer: D) A check Explanation: Representative money is an item such as a token or piece of paper that has no intrinsic value but can be exchanged on demand for a commodity that does have intrinsic value, such as gold, silver, copper,... Hence, a Check is an example of representative money.