Economy, asked by Muski2694, 1 year ago

Distinguish between full bodied money and token coins.

Answers

Answered by adi3189
1
full body Machine full body 2 full boiled machine is that was busy with some money is embodied and that it is body with that and that today is here using that a body is money and that and not body dead body money can be paper coins and metallic coins with you you asking that above and today we will talking about bodied money so let's talk about money money money is something which is body and body which we use in that and today in many coins are made up of body which is not working but actually we are talking that a body is and today will talking about some bodies so let's talk about some body the war that and that and that




Answered by kanikasharma1908
0

The difference between full bodied money and token coins can be explained as follows:

Full bodied money:

Meaning: It refers to that physical money whose intrinsic value is exactly equal to the face value of that money.

Example: One dollar gold coin worth is equal to one dollar itself. This means that if one dollar gold is melted and sold in the market, one will get the amount of one dollar only.

Token coins:

Meaning: It refers to that physical money whose intrinsic value is not equal to the face value of that money.

Example: One dollar metal coin worth is not equal to one dollar itself. This means that if one dollar metal coin is melted and sold in the market, one will not get the amount of one dollar but very little.

Learn more about Money:

Question: What is money ? Definition of money .functions of money ?

Answer: https://brainly.in/question/4787835

Question: What is money? importance of money & disadvantage of money.​

Answer: https://brainly.in/question/12349523

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