Illustrate Limitations on Commodity Money Construct a grid that has five columns and eight rows. List the seven qualities of ideal money in cells 2 through 8 of the first column and the four types of commodity money identified below in cells 2 through 5 of the first row. Write “yes” or “no” in each of the

remaining cells, depending on whether the corresponding type of commodity possesses the indicated quality. Which of these types of commodity money would probably be most useful in completing transactions? Explain your answer.

Examples of Commodity Money Apples Diamonds Cotton Chickens