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Commodity Money: (What it is, Why it has value & 9 Examples)

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Unit 4: Money and Monetary Policy 1. Money 2 Examples of Money Commodity Money: something that performs the function of money and has alternative, non-monetary. - ppt download

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Which of the following best explains the difference between commodity money and fiat money? A Commodity money is usually authorized by the central bank, whereas fiat money has to be exchanged for

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