February 24, 2017

Homework Help: macroeconomics

Posted by Amber on Sunday, December 13, 2009 at 2:53am.

a. If the face value of a coin exceeds the cost of coinage, the resulting
revenue to the issuer of the coin is known as _________________.
b. A product that serves both as money and as a commodity is
c. Coins and paper money circulating in the United States have face
values that exceed the value of the materials from which they are
made. Therefore, they are forms of _________ __________.
d. If the government declares that creditors must accept a form of
money as payment for debts, the money becomes
e. A common unit for measuring the value of every good or service in
the economy is known as a(n)

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