Question

What are the three main types of money?
A) credit, commodity, representative
B) fiat, commodity, credit
C) representative, credit, fiat
D) commodity, representative, fiat

Answer 1

Answer:

D)commodity,representative,filat

Answer 2

Answer:

Physical money. Physical money, meaning cash and coins, is created by the US Treasury. ...

Central bank reserves. Central bank reserves are a type of electronic money, created by the Federal Reserve and used by banks to make payments between themselves. ...

Commercial bank money.

Step-by-step explanation: