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Money That Has No Intrinsic Value and Is Created by a Government

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Money that has no intrinsic value and is created by a government decree is called


Definitions:

Interest Rate

The percentage of a sum of money charged for its use, indicating the cost of borrowing money or the return on invested savings.

Stock Prices

The cost of a share of a company as traded on the stock market, representing the market's valuation of the company.

Excess Supply of Money

A situation where the quantity of money available in the economy surpasses the demand for it, potentially leading to inflation.

Interest Rates

The cost of borrowing money, expressed as a percentage of the total amount of the loan, usually on an annual basis.

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