Examlex
Discuss the two types of digital production and what they involve.
Efficient Economy
An economic system in which resources are allocated in the most productive way, maximizing the output of goods and services.
Federal Reserve Notes
The official currency issued by the Federal Reserve System in the United States, commonly known as dollars.
Fiat Money
Money not redeemable for any commodity; its status as money is conferred initially by government decree but eventually by common experience.
Fiat Money
Currency that has value and is legally recognized for transactions solely because of a government decree, without backing by a physical commodity.
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