Fiat money is:
a. paper money issued by central banks with full metallic backing
b. government notes representing a specific amount of gold in storage
c. full-bodied money
d. none of the above
Ans: d. none of the above
Business
a. paper money issued by central banks with full metallic backing
b. government notes representing a specific amount of gold in storage
c. full-bodied money
d. none of the above
Ans: d. none of the above