Paper dollars
A) are commodity money and gold coins are fiat money.
B) are fiat money and gold coins are commodity money.
C) and gold coins are both commodity monies.
D) and gold coins are both fiat monies.
Correct Answer:
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Q39: Imagine an economy in which: (1)pieces of
Q40: Treasury Bonds are
A)liquid,but not a store of
Q41: The set of items that serve as
Q43: Currently,U.S.currency is
A)fiat money with intrinsic value.
B)fiat money
Q44: All U.S.paper dollars read "This note is
Q45: Currency includes
A)paper bills and coins.
B)demand deposits.
C)credit cards.
D)Both
Q46: For purposes of analyzing the money stock
Q47: Paper money
A)has a high intrinsic value.
B)is the
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