Economy, asked by amritarasaili32, 8 months ago

why people hold notes and coins when it is dear that the intrinsic value commodity value of notes and coins is almost negligible ​

Answers

Answered by Anonymous
10

Explanation:

Token coins and promissory notes are part of credit money. In other words, the money whose intrinsic value (as a commodity) is much lower than

Answered by sonalisharma7766
0

Answer:

because notes and coins are legal tenders.

Explanation:

these are the fiat money or the money backed with authority of the government.it is unlawful not to accept notes and coins for receipt and payment.

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