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Define and describe Fiat Money and discuss some of its advantages and disadvantages. Discuss the objectives of the Federal Reserve and how it achieves

Define and describe Fiat Money and discuss some of its advantages and disadvantages. Discuss the objectives of the Federal Reserve and how it achieves them.

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Fiat money is a currency that is created and regulated by a government or central bank but is not backed by any physical commodity or asset Instead its value is derived from the governments decree tha... blur-text-image

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