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Business, 25.06.2019 05:40 nae467

Which of the following statements accurately describes the relationship between commodity money and fiat money? a. neither type of money can be used for any purpose other than as a medium of exchange. b. commodity money has value in itself while fiat money has value only because it is given value. c. both commodity money and fiat money require a free-market system. d. fiat money only has value if commodity money is a precious metal such as gold. 2b2t

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