The correct answer is "$20 bill". This is because commodity money is a type of good that functions as currency. In the past, items such as salt, beads, and even playing cards have been used as commodity money because they have value in and of themselves. A $20 bill, however, is an example of fiat money, which has value because a government maintains its value, or because parties engaging in exchange agree on its value.

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The correct answer is "$20 bill". This is because commodity money is a type of good that functions as currency. In the past, items such as salt, beads, and even playing cards have been used as commodity money because they have value in and of themselves. A $20 bill, however, is an example of fiat money, which has value because a government maintains its value, or because parties engaging in exchange agree on its value.

Which of the following is not an example of commodity money?Multiple choice question.$20 billPlaying cardsBeadsSalt

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