Question

which of these scenarios involves commodity money?
a girl writes a check to her friend for a stack of valuable comic books.
a boy starts a lemonade stand and sells each drink for twenty - five cents.
a woman offers her neighbor a us silver dollar in exchange for a bicycle.
a man buys some t - shirts and pays with a us fifty - dollar bill.

Explanation:

Commodity money has intrinsic value beyond its use as money. A US silver dollar has value due to the silver content. Checks, regular currency like quarters and fifty - dollar bills are not commodity money as they have value mainly because of government backing.

Answer:

C. A woman offers her neighbor a US silver dollar in exchange for a bicycle.