Economy, asked by madansuthar7091, 11 months ago

Short note on metallic money in economics

Answers

Answered by aditiady
3

Explanation:

Money made up of metals is called metallic money. ... This type of metallic money has the face value just equal to the intrinsic value. The value inscribed in the coins is called face value of money. The value of metal used to mint the coin is called intrinsic value.

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