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For a given commodity,quantity demanded can be represented by
Fiat Money
Paper money that is not backed by or convertible into any good; it is money because the government says it is money.
Medium of Exchange
A facilitating device or arrangement employed to assist in the transactions of buying, selling, or trading items between entities.
Legal Tender
Currency that must be accepted if offered in payment of a debt, by law.
Federal Deposit Insurance
A government guarantee that protects bank depositors' funds up to a certain limit in case of a bank failure.
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