Question

disadvantages of inconvertible paper money

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Answer 1

Answer:

However, inconvertible paper money remains in the country; thus, its value fluctuates with changing demand. Second, the depreciation of inconvertible paper money impairs its circulation. Depreciation affects confidence in the currency.

Answer 2

Answer:

However, inconvertible paper money remains in the country; thus, its value fluctuates with changing demand. Second, the depreciation of inconvertible paper money impairs its circulation. Depreciation affects confidence in the currency.