what is full bodied money? Give any two examples of full bodied money
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Answer:
Explanation:
it is money which has a face value not in excess of its intrinsic value as a commodity Commodity money may be either full bodied money or token money.
Example-
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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Explanation:
it is a money that make face in a valueaxis
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