Discuss the most important characteristic of money.
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Q8: Fiat money is backed by gold.
Q9: The three important functions of money are
Q10: When currency is stable,it provides no incentive
Q11: As a medium of exchange,money
A) eliminates the
Q12: In some countries with very high inflation
Q14: When a dollar bill is handled hundreds
Q15: The most important characteristic of money is
Q16: Money has all the following characteristics except
A)
Q17: When inflation is very high,money is no
Q18: Because the U.S.government promises that its metallic
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