Economy, asked by megeetapradhan91, 1 month ago

Distinguiesh between morden and traditional concepts of money supply

Answers

Answered by nainasingh16

1

Explanation:

Traditional form of money consist of gold, copper coins, grains,etc which were not authorised by any external and universal authority. but,Whereas, modern money are in the form of currencyie notes and coins which are authorised by an external authority( RBI) and nobody can refuse this money in a country.

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