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Currency and demand deposits are money because: Multiple Choice they can be redeemed for an intrinsically valuable commodity such as gold. they are resting in
Currency and demand deposits are money because: Multiple Choice they can be redeemed for an intrinsically valuable commodity such as gold. they are "resting" in a chartered bank vault. they are backed by a precious metal. the government asserts that they are
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
1st Edition
978-1464146978, 1464146977
