Paper Money in Canada,which Has No Intrinsic Value but Can

question 298

Multiple Choice

Paper money in Canada,which has no intrinsic value but can be converted to a valuable good on demand and is used as a medium of exchange,is an example of:

• A) fiat money.
• B) commodity-backed money.
• C) a stock.
• D) a bond.

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Definitions:

Personality

The combination of characteristics or qualities that form an individual's distinctive character.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome.

Dissociative Identity

A disorder characterized by the presence of two or more distinct personality states or identities within a single individual.

Major Depression

A mental disorder characterized by at least two weeks of persistent sadness, loss of interest in activities, and other depressive symptoms.