What Is the Difference Between "Hard Money" and "Soft Money

question 97

Multiple Choice

What is the difference between "hard money" and "soft money"?

• A) Hard money is more difficult to acquire.
• B) Hard money is specie like gold or silver, while soft money is paper.
• C) Soft money is issued for only a specified number of months.
• D) Hard money has no value, while soft money increases in value.
• E) Soft money was usually easy to find, but only the elite had access to hard money.

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