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Money that has no value apart from its use as money

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6 years ago

Money that has no value apart from its use as money

Money that has no value apart from its use as money
A) is known as commodity money.
B) is known as fiat money.
C) will result in a return to a barter system.
D) will result in rapid inflation.

Textbook

Money, Banking, and the Financial System

Edition: 3^rd

Authors: Hubbard, O'Brien

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