A form of money with a face value that is greater than the value of the metal contents is ____________
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Correct Answer: Option D
Explanation:
Token money has a face value that is greater than the intrinsic value of the material from which it is made. Its acceptability depends mainly on the authority and confidence behind it rather than the value of its metal content.
Token money has a face value that is greater than the intrinsic value of the material from which it is made. Its acceptability depends mainly on the authority and confidence behind it rather than the value of its metal content.