Question

What are objects called that have value in and of themselves as well as value as a means of exchange?

custom


commodity money


currency


simple money

Answer 1

commodity money. objects that have a value in themselves as well as their value as a means of exchange.

Answer 2

Answer: Commodity money

Explanation:

Commodity money is known to be money whose value depend on what it is made of or the substance or material that made up the commodity. Thus, different commodities have been used in the past as a medium of exchange, some of which are: silver, gold, livestock, salt, copper, grains, peppercorns, cowries, shells, large stones and so on.