Question

Which is the Bank Money?

Answer 1

Answer:

In contrast to the earliest forms of money, which were commodity moneys based on items such as seashells, tobacco, and precious-metal coin, practically all contemporary money takes the form of bank money, which consists of checks or drafts that function as commercial or central bank IOUs.

Explanation:

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Answer 2

Answer:

a medium of exchange consisting chiefly of checks and drafts