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Fiat money has an alternative use as an economic good, while commodity money did not. True or false

User Moby J
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Answer:

False

Step-by-step explanation:

Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods.

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use value.

User Taytay
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