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Monetary Economics — Economics STD 12 — Question

Tamilnadu BoardEnglish MediumSTD 12EconomicsMonetary Economics1 Mark
MCQ
Currency notes in circulation are referred to as –
  • ✓
    Fiat money
  • B
    Value of money
  • C
    Cheap money
  • D
    Dear money
✓

Answer

Correct option: A.
Fiat money
Fiat money

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