question archive Which of the following is an example of medium of exchange? People in the Pacific Islands used cowrie shells as a form of payment for the things they wanted People invest in gold because it stays stable over time and does not tarnish, rust or deteriorate

Which of the following is an example of medium of exchange? People in the Pacific Islands used cowrie shells as a form of payment for the things they wanted People invest in gold because it stays stable over time and does not tarnish, rust or deteriorate

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Which of the following is an example of medium of exchange?

People in the Pacific Islands used cowrie shells as a form of payment for the things they wanted

People invest in gold because it stays stable over time and does not tarnish, rust or deteriorate.

A chicken farmer who wants a cow needs to find a cattle farmer who wants some chickens

A restaurant lists a price for dinner in gold coins. 

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