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Name the different forms of money

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Name the different forms of money

    • Posted by Mohammad Kaif 6 years, 11 months ago

    CBSE > Class 10 > Social Science
    • 1 answers

    Harsh Naik 6 years, 11 months ago

    There are three types of money recognized by economists - commodity money, representative money, and also fiat money. Money that's in the form of a commodity with intrinsic value is considered commodity money. Representative money is not money itself, but something that represents money. It is exchangeable for money.

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