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    Macroeconomics Study Set 38
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    Exam 8: Inflation
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    Money That Has No Intrinsic Value Except as Money Is
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Money That Has No Intrinsic Value Except as Money Is

Question 85

Question 85

Multiple Choice

Money that has no intrinsic value except as money is called ________ money.


A) bonded
B) commodity
C) fiat
D) intrinsic
E) None of these answers is correct.

Correct Answer:

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