Economics · Money and Banking

A globally accepted currency that is reliable and stable, typically issued by a developed country, is termed as which of the following?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Plastic money
2Fiat money
3Hard currency✓
4Soft currency

Correct answer

Hard currency

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A globally accepted currency that is reliable and stable, typically issued by a developed country, is termed as which of the following?

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A globally accepted currency that is reliable and stable, typically issued by a developed country, is termed as which of the following?

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