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1) Which one of the following is an example of commodity money? a)1945 Nickel b)1960 penny c)1962 dime d)1975 quarter 2)If a borrower defaults on

1) Which one of the following is an example of commodity money?

a)1945 Nickel

b)1960 penny

c)1962 dime

d)1975 quarter

2)If a borrower defaults on a loan worth $50K and the value of the loan's collateral is $20K,by how much does bank capital fall?

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