What are the different Types of Money? Match the definition with the type of money.

Question 1 options:

Precious Metals, Salt, Beads, Alcohol, etc.


Checks, Bank Drafts, etc.


Certificates, Tokens; Commodity-Backed


Funds in an account; Just a number, not actual "cash"


Paper money and coins; Dollar bills, quarters, nickels, etc.


Digital money that uses the blockchain.

1.
Fiat Money

2.
Commodity Money

3.
Representative Money

4.
Fiduciary Money

5.
Commercial Bank Money

6.
Crypto Money

Respuesta :

Commercial bank money

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