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Social Studies, 24.03.2020 21:24 xxkeyxx51

During wartime, a small country issued certificates to the public to raise money. Each certificate promised to pay the holder a certain amount in silver. After the war was over, the population continued exchanging these certificates instead of converting them to silver. What type of money did this economy use?
A.
commodity
B.
fiat
C.
representative
D.
precious metal

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Answers: 2

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