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kolitchko kolitchko
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6 years ago
Fiat money
A) is money that would have no value if it were not usable as money.
B) is illegal in most advanced, industrial countries.
C) is usually some type of precious metal.
D) will generally be accepted in trade for less than its face value.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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vehmeinvehmein
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6 years ago
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kolitchko Author
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6 years ago
Good timing, thanks!
gefa
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
deathwing
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2 hours ago
Smart ... Thanks!
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