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When paper money was first printed by some states, it was backed by _______. a. the government. c. gold and silver deposits in banks. b. wealthy industrialists. d. by foreign governments.
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When paper money was first printed by some states, it was backed by _______.

a. the government.
c. gold and silver deposits in banks.
b. wealthy industrialists.
d. by foreign governments.

User Mrpotocnik
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User Nathan A
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Answer:

c. gold and silver deposits in banks

Step-by-step explanation:

User Skmathur
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