answersLogoWhite

0


Best Answer

An IOU

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is an example of representative money?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which is an example of representative money?

an IOU note


Why is representative money more useful than commodity money?

What is the difference between commodity money and representative money


What is the difference between fiat money and representative money?

the difference between representative money and fiat money is that?A)representative money can be converted into silveror gold;fiat money cannot.B)representative money is worth more per dollar than fiat money; which is actually worthless.C)fiat money is counted in coins; representative money is counted in paper.D)fiat money is mre traditional than representative money,which is a newer concept. :)


What was the first example of representative government?

The Virginia House of Burgesses was the first example of representative government.


An example about a representative democracy?

America


Is the type of money used in the US commodity money representative money or fiat money?

puppys


What are objects that have value in themselves and that are also used as money?

Representative money


Which is a power of the house of representative?

money bills


Is example an adjective?

No. The word example is a noun (instance, representative item).


An especially representative example of a concept is?

Prototype


What is the difference between representative money and commodity money?

A) Commodity money consists of objects used as money that contains their own value, but representative money is a specific group of the commodity objects. B) Commodity money consists of objects that have value in and of themselves, but representative money makes use of objects because the holder can exchange them for something else of value. C) Representative money allows objects to be exchanged for something else, but commodity money has value because the government decreed it is an acceptable means to pay debts. D) Representative money consists of objects that have value in and of themselves, but commodity money makes use of objects because the holder can exchange them for something else of value The answer is B.


What type of person does a gold digger describe?

A gold digger is a person who wish, love or want something or someone just for the money. One representative example would be a woman who is going out with a man just because he has money.