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Some argue that a commodity standard, such as gold or silver, is more stable than fiat money (paper) standards. Argue the merits and demerits of
Some argue that a commodity standard, such as gold or silver, is more stable than fiat money (paper) standards. Argue the merits and demerits of a commodity versus a paper money standard. Number and underline your key points.
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The main advantage of commodity money is simply that it serves an additional purpose For example gold can be turned into jewelry while cigarettes can ...Get Instant Access to Expert-Tailored Solutions
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