all money is full bodied money
true
false
can't say anything
none of these
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All money is full bodied money - False
- Full body money is whose value as a commodity is as high as its value as money for non-monetary purposes.
- Coins of regular metals such as gold and silver have become the main full-bodied currencies of industrial economies.
- There are conditions for full boy money -
- Without any expense, money can be moved from monetary to non-monetary uses;
- Without limit and without price, the metal can be coined into cash. Free coinage of regular money is available and the mint is open to the public.
- It is the unrestricted legal tender of a country's account and assets. Generally speaking, regular coins are made of gold and silver.
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