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theferpectstudent theferpectstudent
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A year ago
Which of the following statements is TRUE of money?

▸ Fiat money was used in the barter system of exchange.

▸ Paper money was the first form of money to be invented.

▸ Paper money was invented around 1000 AD in China.

▸ One of the limitations of paper money is that it does not function as a store of value.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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flipninjamelflipninjamel
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A year ago
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A year ago
Smart ... Thanks!
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Brilliant
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You make an excellent tutor!
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