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Convertible paper money A. is paper money that can be converted into gold on demand. B. Is against the law to use. C. Includes balances

Convertible paper money

A. is paper money that can be converted into gold on demand.

B. Is against the law to use.

C. Includes balances in bank accounts that can be withdrawn on demand.

D. Is a tradeable product with alternative uses serving as money.

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