Question

how far is correct to say that the modern currency is without any yse of its own as the commotity?give reason support your answer ​

Answer 1

Answer:

• Modern currency is not made of precious metal such as gold, silver and copper.
• Unlike grain and cattle, they are neither of every day use.
• The modern currency is without any use of its own. Still, it is accepted as a medium of exchange because the currency is authorized by the government of the country.

Answer 2

Answer:

HERE IS YOUR ANSWER DEAR..

Explanation:

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A. Modern forms of money include currency-paper notes and coins.

B. Unlike the things that were used as money earlier, modern currency is not made of precious metals such as gold, silver and copper. And unlike grain and cattle, they are neither of everyday use.

C. The modern currency is merely a paper currency and it is accepted a medium of exchange because it is authorized by the government of the country. So the modern currency is without any use of its own.