Aplia Homework: Money and the Financial System 2. A history of money At first, it might seem that valuable commodities, such as cattle or lead bars, might be good forms of money. What makes paper money preferable to these alternatives? O It has more intrinsic value than cattle or lead. O It is less likely to be stolen. O It is divisible (unlike cattle) and easily portable (unlike lead bars). Unlike pennies and nickels, which cost more to produce than they are worth, paper money and quarters are: O Useful as a medium of exchange O Examples of token money O A good store of value Cattle can be used as money but can also be slaughtered for food. Cattle are an example of: O Fiat money O Commodity money O Representative money

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Aplia Homework: Money and the Financial System
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2. A history of money
urses
calog and Study Tools
At first, it might seem that valuable commodities, such as cattle or lead bars, might be good forms of money. What makes paper money preferable to
these alternatives?
ntal Options
O It has more intrinsic value than cattle or lead.
llege Success Tips
O It is less likely to be stolen.
reer Success Tips
O It is divisible (unlike cattle) and easily portable (unlike lead bars).
elp
Unlike pennies and nickels, which cost more to produce than they are worth, paper money and quarters are:
ve Feedback
O Useful as a medium of exchange
O Examples of token money
O A good store of value
Cattle can be used as money but can also be slaughtered for food. Cattle are an example of:
O Fiat money
O Commodity money
O Representative money
O Type here to search
9:47
10/31
DELL
Transcribed Image Text:CoPipeline Content * MindTap - Cengage Learning Ô https://ng.cengage.com/static/nb/ui/evo/index.html?deploymentld=58326424525984828412294502&elSBN=9781337915601&id=1276443759&snaps. Q Search this cou CENGAGE MINDTAP von v Aplia Homework: Money and the Financial System Home 2. A history of money urses calog and Study Tools At first, it might seem that valuable commodities, such as cattle or lead bars, might be good forms of money. What makes paper money preferable to these alternatives? ntal Options O It has more intrinsic value than cattle or lead. llege Success Tips O It is less likely to be stolen. reer Success Tips O It is divisible (unlike cattle) and easily portable (unlike lead bars). elp Unlike pennies and nickels, which cost more to produce than they are worth, paper money and quarters are: ve Feedback O Useful as a medium of exchange O Examples of token money O A good store of value Cattle can be used as money but can also be slaughtered for food. Cattle are an example of: O Fiat money O Commodity money O Representative money O Type here to search 9:47 10/31 DELL
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