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    Essential Foundations of Economics Study Set 1
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    Exam 18: Money and the Monetary System
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    Fiat Money Means
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Fiat Money Means

Question 163

Question 163

Multiple Choice

Fiat money means


A) Italian currency.
B) money's value does not change.
C) the government has decreed that something is money.
D) the money can be converted into gold.
E) only currency counts as money.

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