What is true of representative money? check all that apply. it can be exchanged for a valuable good. it was once the most common form of money. it was used in systems involving a "gold standard." it can be traded for a commodity such as silver. it is made with precious metals or stones.

It can be exchanged for a valuable good.

It was used in systems involving a "gold standard."

It can be traded for a commodity such as silver.

Explanation:

Representative money is a type of money that, unlike merchandise money, is based on another asset, such as money backed by gold, silver, oil or another currency, which has the quality of being convertible to the asset at which represents, which can be a kind of metallic money. This expression is also used to refer to a certificate, physical or electronic, that represents the issuer's intention to pay the certificate holder, such as, for example, a cashier's check from a bank. It differs from fiat money in that the latter is not convertible.

2. multiply 3/4 by 8

step-by-step explanation:

3/4 ÷ 1/8

copy dot flip

3/4 * 8/1

24/4

6

president carter called the victims of kidnapping "victims of terrorism and anarchy" and added that the united states was not going to give in to blackmail. in the united states, they see hostage-taking as an outrage on the part of the islamist movement that violated the principle of international law on the immunity and inviolability of diplomats and their embassies.

carter refused to yield to the demands, khomeini used the situation to consolidate his power and nullify the challenges of the moderate wing of his government, headed by its president. the euphoria over the humiliation of the most powerful nation distracted the iranian people from the economic difficulties of their country. carter, in april 1980, broke diplomatic relations with iran and imposed a trade embargo, except medicine and food. iranian funds in the us they were frozen and accounted for to compensate the hostages when they were released and to pay the demands of us companies against iran.