Which of the following most accurately explains why money differs from commodity money?

Answer 1

Lequel des énoncés suivants explique le plus précisément pourquoi l'argent diffère de l'argent des matières premières ?

"L'argent est une monnaie fiduciaire qui est utilisée comme moyen d'échange et de stockage de valeur, tandis que les matières premières sont des ressources naturelles ou des produits manufacturés qui ont une valeur économique en raison de leur utilité ou de leur rareté."

Cet énoncé explique de manière précise que l'argent est une monnaie qui est utilisée comme moyen d'échange et de stockage de valeur, tandis que les matières premières sont des ressources qui ont une valeur en raison de leur utilité ou de leur rareté, ils sont utilisés pour fabriquer des produits finis.

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Answer 2

Money differs from commodity money in that it is typically a medium of exchange that is backed by the government or a central authority, whereas commodity money is a medium of exchange that is made from a tangible commodity that has intrinsic value. This means that money is generally accepted as a means of payment because it is issued and guaranteed by a trusted authority, while commodity money is valued for its material content.

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Answer 3

Money differs from commodity money in that money is accepted as a medium of exchange and a unit of account based on government decree or social agreement, whereas commodity money has value in and of itself, such as gold or silver.

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Answer 4

Money is different from commodity money in that it has no intrinsic value of its own, whereas commodity money has value based on the commodity it represents.

Instead, the use of money as a medium of exchange and its widespread acceptance within an economy are what give it value.

In contrast to commodity money, which is typically restricted to a specific commodity like gold or silver, money can also take a variety of forms, such as physical currency or digital representations.

In addition, central banks can control the supply of money through monetary policy, whereas commodity money cannot be controlled.

In general, cash is an additional adaptable and broadly acknowledged method for trade contrasted with item cash.

Answer 5

Money differs from commodity money in that money is not tied to a specific commodity or good. Commodity money, on the other hand, has intrinsic value because it is made of a valuable commodity such as gold or silver. Money, in contrast, derives its value from the trust people have in its ability to function as a medium of exchange and a store of value. This trust is often based on the backing of a government or a central bank, which regulates the supply of money and ensures its stability. While commodity money has the advantage of intrinsic value, it can be difficult to manage the supply and maintain stability in its value, which is one reason why most modern economies use Fiat money.

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Answer 6

Fiat money only has value as a medium of exchange. Apex