All that is required for fiat money to circulate successfully in an economic system is for the government to declare that it is legal tender.
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Q1: The term wealth is used to refer
Q3: If you deposited $100 of your currency
Q6: EFTPOS is type of money.
Q7: Money is:
A)equivalent to income
B)equivalent to wealth
C)an asset
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Q12: Money should have intrinsic value to be
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Q15: A medium of exchange is an item
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Q20: In the absence of money, people would
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