What is not true about fiat money?
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It includes banknotes and coins
It is not affected by inflation
It is based on the perceived finances of the issuer
The money is issued by the government
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Step-by-step explanation:
Fiat money gives central banks greater control over the economy because they can control how much money is printed. Most modern paper currencies, such as the U.S. dollar, are fiat currencies. One danger of fiat money is that governments will print too much of it, resulting in hyperinflation.
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