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Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860 Exercise 26
About 30 U.S.ocalities circulate their own currency with names like "Ithaca Hours" and "Dillo Hours." Doing so is perfectly legal (although by law they are subject to a 10 percent federal tax, which currently the government is not collecting).hese currencies are used as payment for rent, wages, goods, and so on.re these currencies money Explain.
Explanation
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It has been given that about 30 U.S. loc...
Macroeconomics 9th Edition by David Colander
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