What is included in modern forms of currency?
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Modern forms of money are:
Currency-paper notes and coins. They are not made of precious things and are not of daily use. ...
Bank deposits are also a form of money. People can open bank accounts and make demand deposits.
Cheques act as a medium of exchange possible through bank accounts.
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In the modern menterary system , there are three forms of money is actual use :( 1) metallic money( 2) paper money (3) credit money .The first two kind of money are in the form of currency money and is the last of the bank money
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