Using the five criteria in the text, explain how Canadian currency is suitable to use as a medium of exchange.
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Q48: The supply of money is easier to
Q54: Paper currency is
A)commodity money.
B)fiat money.
C)barter money.
D)a bond.
E)a
Q55: Which of the following qualities would make
Q56: Fiat money is generally issued by
A)private banks.
B)central
Q57: The M1+ measure of the money supply
Q58: The M2 measure of money equals
A)currency, personal
Q62: You earn $500 a month, currently have
Q63: The Canadian government makes a profit from
Q64: If a person cashes in a $500
Q83: The amount of national income in an
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