Solved Which of the following are the modern forms of money?
In earlier times, the metallic money was the most common form of money that constituted the major part of money in an economy. In modern times, metallic money has been replaced by currency notes and checkable bank deposits. More specifically, commercial bank money is created through a banking system that we call fractional reserve banking. …
Solved Which of the following are the modern forms of money? Leer más »