Money is anything that generally is accepted as a medium of exchange.
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Q90: (Currency held outside banks + demand deposits
Q91: Financial monetary assets which often cannot be
Q92: Which of the following is the best
Q93: Related to the Economics in Practice on
Q94: Along with currency not in banks and
Q96: In an economy that uses commodity money,
Q97: In an economy that uses fiat money,
Q98: Currency is included in
A) M1 only.
B) M2
Q99: Fiat monies, but not commodity monies, can
Q100: Barter refers to the direct exchange of
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