Explain the Difference Between Commodity Monies, Fiat Money, and Legal

question 93

Essay

Explain the difference between commodity monies, fiat money, and legal tender.

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Definitions:

Reflexes

Automatic, involuntary responses to specific stimuli that occur without conscious thought, as part of the body’s defense mechanisms.

GABA

Gamma-aminobutyric acid, a neurotransmitter in the brain that inhibits or reduces the activity of neurons, playing a key role in regulating nervous system excitability.

Dopamine

A neurotransmitter involved in the reward and pleasure centers of the brain, influencing movement, learning, attention, and emotional responses.

Frontal Lobes

Areas of the brain located in the front and top, responsible for higher mental processes and decision making as well as the production of fluent speech.