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23 December, 07:19

Which is not a type of money?

A: Solution Money

B: Commodity Money

C: Representative Money

D: Flat Money

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Answers (2)
  1. 23 December, 07:23
    0
    Solution Money is not a type of money.

    Explanation:

    Commodity Money is the value of money rendered by a commodity. The objects involved will have value in buying goods and services. Representative money represents anything for its value, usually written on paper. It carries the face value. Fiat money has its value regulated by the government, a kind of legal tender. Two parties can exchange goods with agreed value of money.
  2. 23 December, 07:48
    0
    Solution money is not a type of money
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