Answered

Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Explore our Q&A platform to find reliable answers from a wide range of experts in different fields. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

the u.s. $20 dollar bill is a commodity select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a because dollars have many uses in the society. b is an incorrect statement. c because the government has decreed that it is a commodity. d because it can be used to purchase things that are a commodity.

Sagot :

The U.S. $20 dollar bill is a commodity is an incorrect statement. The correct option is (B).

The commodity is any  goods and services which is used in commerce that is interchangeable with another goods and services of the same type.

Commodities are most used as inputs in the production of other goods or services. A commodity usually refers to a raw material which is used to manufacture finished goods or products.

U.S. currency is a fiat money. It is not commodity with its own great value and it does not represent gold-or any other valuable commodity-held in a vault somewhere. It is valued because it is legal tender and people have faith in its use a money.

To know more about commodity here,

https://brainly.com/question/23132703

#SPJ4

We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.