Exam (elaborations)
DSST Money & Banking Question and answers correctly solved 2023/2024
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DSST Money & Banking Question and answers correctly solved 2023/2024 Fiat Money - correct answer Money that isn't tied to reserves such as gold, rather is guaranteed by the government's trustworthiness. Has no intrinsic value. Exists in currency bills form and bank deposits. M1 - correct answer...
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