to “cover” this history – these are representative and fiat money. Then, there

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There are two basic types of monetary systems: those managed by fiat or by a

Representative money can be redeemed for something of real value. In the past,

Definition of representative money: Something that is not in the physical form of

Definition of REPRESENTATIVE MONEY. : paper money backed by an equal

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Definition of Representative Money: Representative money refers to money that

From Commodity Money to Representative Money to Fiat Money. Posted by

Oct 17, 2011 . Address: Cassada Garden, St. John's, Antigua. Representative: Money Gram.

Jan 1, 2012 . A) Commodity money consists of objects used as money that contains their own

Oct 17, 2009 . A)representative money can be converted into silveror gold;fiat money cannot.B)

Credit Instruments used as Money. Representative Money, Fiduciary Paper

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Over time, money has evolved from commodity money to representative money,

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When cent percent reserve is kept in money, the paper money or note is called

Main article: Representative money. In 1875 economist William Stanley Jevons

These banknotes were a form of representative money which could be converted

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Principles of the Circulation of Representative Money. - William Stanley Jevons,

First Elected: 1990. Next Election: 2012. REPRESENTATIVE (R - OH) . Cycle

A tutorial on the basic characteristics of money as means of payment, unit of

On the other hand, the history of money – be it old or contemporary -- finds two .

true, representive money is money recognized by a company or a small group,

In representative money or modern money, the following types of money . The

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Sep 12, 2011 . If you are looking for a little extra money in your pocket for the holidays, Avon

With the introduction of paper currency and non-precious coinage, commodity

Oct 20, 2011 . A) Representative money can be used for other things besides currency. For

Representative money is tokens or pieces of paper that are not intrinsically

Token money, which we considered in Chapter VIII. (p. 67), is in some degree

The term representative money has been used variously to mean: a claim on a

It is not permissible to give the representative any money or gifts, because that

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Nov 6, 2009 . REPRESENTATIVE MONEY. Money that represents a commodity form of money

Jan 24, 2012 . What if I believe my representative payee is misusing my funds? You should first

These agreements could be thought of as a kind of representative money,

There are three types of money: commodity money, representative money, and

Representative paper money is fully backed by gold and silver reserves. Under

To prevent the public being overwhelmed by this representative money, there are

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If value of money is equivalent to that of the commodity used to make that money,

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A) Commodity money consists of objects used as money that contains their own

Top questions and answers about What Is an Example of Representative Money.

An economist would tall you that what gives money its value depends on what

Commodity money is to be distinguished from representative money which is a

Fiat or Representative currency? I was just wondering if it was ever clearly

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