Question
Token money consists of Blank______.
Multiple choice question.
checkable deposits of the government or the Federal Reserve
deposits made in savings institutions
bills or coins with face values that exceed their commodity value
demand deposits
Multiple choice question.
checkable deposits of the government or the Federal Reserve
deposits made in savings institutions
bills or coins with face values that exceed their commodity value
demand deposits
Answers
GPT-4o mini
Token money consists of **bills or coins with face values that exceed their commodity value**.