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4. Describe some disadvantages of commodity money? 5. How is money made? 6. Is the available credit you have on your MasterCard considered money by

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4. Describe some disadvantages of commodity money? 5. How is money made? 6. Is the available credit you have on your MasterCard considered money by economists? Explain. 8. What is fiat money? What or who back the value of fiat money? 15. As interest rates increase, is the demand for money higher or lower? Why

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