Economy, asked by biswaspami455, 2 months ago

what is fiat money? plz answer in short​

Answers

Answered by Anonymous
6

Answer:

Fiat money is government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it.

Hope it helps you

Answered by lovinglavisha
14

Answer:

Fait money is a government issued currency that is not backed by a commodity such as gold

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