English, asked by gornalgoyary, 10 months ago

what is full bodied money? Give any two examples of full bodied money​

Answers

Answered by Anonymous
1

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.

Answered by manasmishramkm123
0

Explanation:

it is a money that make face in a valueaxis

Similar questions