Question

Explain any five types of money​

Answer 1

Explanation:

That means that anything can technically be considered money, but the most accepted kind today comes in the form of paper, coins (metallic money), and credits (backed by banks). There are 5 different types of money: Fiat, commodity, representative, fiduciary, and commercial bank money.

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Answer 2

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There are 5 different types of money:

• Fiat
• commodity
• representative
• fiduciary
• commercial bank money

hope it was helpful to you