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    Exam 2: Money and the Monetary System
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    Paper Money Backed by a Precious Metal Is Called
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Paper Money Backed by a Precious Metal Is Called

Question 30

Question 30

Multiple Choice

Paper money backed by a precious metal is called


A) full-bodied money
B) a bimetallic standard
C) representative full-bodied money
D) reserve money

Correct Answer:

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