Macroeconomics
Fill in the blanksWith either 1BARTER2commodity money3representative(commodity-backed) money4fiat money As early as the year 1000 CE, Norway used silver and other metal coins as currency. This is an example of (BARTER/commodity money/representative(commodity-backed) money/fiat money). In 1695, a private bank was granted the right to issue notes that were convertible to silver. This is an example … Read more