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A form of money that has gone out of use is

A form of money that has gone out of use is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Paper money
  • B Commodity money
  • C Foreign money
  • D Bank money
Correct Answer: Option B
Explanation:
Commodity money is a form of money in which the commodity itself has value and was historically used as a medium of exchange. Many forms of commodity money have largely gone out of common use because modern economies rely mainly on fiat and bank money.

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