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A

Anonymous

Dec 23, 2024

Anything called money will be large and heavy easy to create scarce backed by gold

Is it true that anything referred to as money must be large, heavy, easy to create, scarce, and backed by gold?

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4 Answers

A
Anonymous

Feb 18, 2025

Anything called money will be "scarce" since for people to ascribe value to the money and make it worth of attainment, it can't be easily found. Otherwise everyone would have lots of money and its value would plummet. 
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A
Anonymous

Jan 28, 2025

C. scarceExplanation:Just took the test and got 100%
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O
Orrin Cormier

Oct 23, 2024

Anything called money will be scarce.That means that there will never be enough of it and people will do almost anything to get it/It doesn't have to be large and heavy, because paper money isn't. It isn't easy to create, because there are many laws that regulate this. Not all money can be backed by gold.
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Anonymous

Dec 11, 2024

ScareOne of the main function of money is that it should be scare
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Economics Wealth Management

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Finance & Banking Economics

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