Fiat money is a. a type of money with intrinsic value. b. a type of money set

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Fiat money is
a. a type of money with intrinsic value.
b. a type of money set by government decree.
c. any asset used as the medium of exchange.
d. any asset used as the unit of account.

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Essentials Of Economics

ISBN: 9780357723166

10th Edition

Authors: N. Gregory Mankiw

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Question Posted: Feb 26, 2024 03:01 AM

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Fiat money is a. a type of money with intrinsic value. b. a type of money set

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Essentials Of Economics

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