Author Question: One major problem with some commodity monies is that: a. to be useful, money must be divisible. b. ... (Read 59 times)

Mr. Wonderful · **on:** Jun 30, 2018

One major problem with some commodity monies is that:
a. to be useful, money must be divisible.
b. to be useful, money must be storable.
c. to be useful, money must be of uniform quality.
d. all of the above are problems with commodity monies.

Question 2

The Federal Reserve (Fed) was created by the Congress as an independent agency.
a. True
b. False
Indicate whether the statement is true or false