Exam (elaborations)
DSST Money & Banking questions well answered graded A+ 2023
- Module
- Institution
DSST Money & BankingFiat Money - correct answer Money that isn't tied to reserves such as gold, rather is guaranteed by the government's trustworthiness. Has no intrinsic value. Exists in currency bills form and bank deposits. M1 - correct answer The sum of all money held by businesses and indiv...
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