Business Studies, asked by dodiyaviru000, 8 months ago

explain the full bodied money

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Answered by himanshujaiswal2006

1

Answer:

ADVERTISEMENTS: Any unit of money, whose face value and intrinsic value are equal, is known as full bodied money, i.e. Money Value = Commodity Value. For example, during the British period, one rupee coin was made of silver and its value as money was same as its value as a commodity.

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Answered by luckypal45516

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