Forms of Money

What type of money is shown in the photo?

• Commodity Money

• Credit Money

• Fiat Money

• Plastic Money

Which of the following best describes monetary value created by the development of future claims, obligations, or debts?

• Commodity Money

• Credit Money

• Fiat Money

• Plastic Money

All of the money can exchange through Barter.

• TRUE

• FALSE

Which form of money shows the plastic money below?

• 
• 
• 
• 

Which of the following is considered as a legal tendered money?

• 20 peso Bill

• Corn

• Gold

• Rice

What is your best prefer type of money and Why?