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Fiat Money Refers to Notes and Coins That Are Fully

question 53

True/False

Fiat money refers to notes and coins that are fully backed by gold deposits.


Definitions:

Study of Consciousness

The examination of the nature and properties of the state of being aware of and able to think about oneself and the environment.

John Watson

An American psychologist who is considered one of the founders of behaviorism, emphasizing the study of observable behaviors rather than the mind.

1960s

A decade known for significant cultural and social change worldwide, often associated with civil rights movements and counterculture.

Behaviour

The way in which one acts or conducts oneself, especially towards others.

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