Economy, asked by ggurwindersingh6528, 1 year ago

Difference between representative full bodied money and credit money?

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Answered by arulanuabi
5

Answer:

Full bodied money refers to that money whose intrinsic value (value of the metal) is equal to the face value of the engraving on the currency, whereas, Credit money refers to that money whose claim is falling due in future.

Answered by Anonymous
6

hope it helps !!

thnku✌❤✌

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