What is commodity money? What is fiat money? Which kind do we use?

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: Dec 14, 2012 06:11 AM

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What is commodity money? What is fiat money? Which kind do we use?

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Commodity money is money with intrinsic value like gold ...View the full answer

Principles of economics

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