No other asset is as liquid as money, because money is itself, a medium of exchange.
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Q34: Representative full-bodied money consists of paper money
Q35: The U.S. dollar was defined in terms
Q36: Purchasing power is the amount of gold
Q37: Starting in 1934, U.S. citizens were prohibited
Q38: Fiat money is paper money fully backed
Q40: No full-bodied or representative full-bodied money is
Q41: All restrictions on U.S. citizens holding gold
Q42: M1 money supply consists of currency, travelers'
Q43: M1 includes currency and demand deposits but
Q44: Money market securities are debt securities with
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