Economy, asked by vickybawabawa666, 5 months ago

all money is full bodied money
true
false
can't say anything
none of these

Answers

Answered by shalok8899
1

Explanation:

False is our answer plz check-out

Answered by Anonymous
0

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 -
  1. Without any expense, money can be moved from monetary to non-monetary uses;
  2. 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.
  3. 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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