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Which type of money has the lowest opportunity cost? a. silver coins b. fiat money c. commodity money d. diamonds e. gold coins

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter14: Money And Banking

Section: Chapter Questions

Problem 11AA

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Which type of money has the lowest opportunity cost? a. silver coins b. fiat money c. commodity money d. diamonds e. gold coins

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