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Part $1$

Which of the following is an example of fiat$$ money?

A$.$

a five dollar bill

B$.$

cigarettes in a POW$($prison$)$ camp

C$.$

a twenty dollar gold piece

D$.$

sea shells used as money in a primitive society

Part $2$

Which of the following statements about fiat money is$$ false?

A$.$

Fiat money is easier to transport than commodity money.

B$.$

Fiat money should be made difficult to counterfeit.

C$.$

Fiat money is redeemable into a particular precious metal such as gold.

D$.$

Fiat money is paper currency decreed by government as legal tender.