Question

Moodle du Resources Docs Faculty Course Request Moodle Help Request Library N201-01-H1 Macroeconomics SP20 ard / My courses / ECON 201-01-H1 Macroeconomics SP20 / Section 3 - Government Policy / Test 3 on April Diamonds are not an ideal form of money because: = 25 er saved out of 2 tion Select one • They are too rare and not consistent b. They are not portable C. They are not durable d. They are not useful e. They are too pretty Previous page Finish atten Test3bonus problem complet Type here to search (hip

Answer 1

Because diamond are too rare and not consistent. Their are variety of diamonds and they are highly expensive, we will not able to pay them in exchange of consumption of low priced goods. They are too rare, so there is no enough quantity to use them as money.