The money that commands a higher market value than its face value is called

a

paper money

b

standard money

c

commodity money

d

fiat money

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Correct Option
d

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Discussions (3)

Dwise12
8 years ago

Hmmm

Gospelaman
3 months ago

the answer here is wrong - the correct one is c ; commodity money because it refers to money that has intrinsic value, meaning it is made of a commodity (like gold or silver) that is valued higher than the money's face value.

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