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    Economics Principles and Policy Study Set 1
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    Exam 29: Money and the Banking System
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    When Banking First Began, It Could Be Said That Paper
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When Banking First Began, It Could Be Said That Paper

Question 90

Question 90

Multiple Choice

When banking first began, it could be said that paper money was in reality


A) worthless.
B) receipts.
C) government money.
D) fiat money.

Correct Answer:

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