Economics · Money and Banking
________ is the money which is accepted as a medium of exchange because of the trust between the payer and the payee.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Full bodied money
- 2Fiat money
- 3Fiduciary money✓
- 4Credit money
Correct answer
Fiduciary money
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