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Fiat money

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14y ago

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Which of these is a suitable substitute used for trade barter fiat money coins and paper money?

Fiat money is a suitable substitute used for trade barter.


A suitable substitute used for trade is known as?

A suitable substitute for trade is known as fiat money.


What is a money substitute?

Really only trade would be a money substitute. That is it. But money substitutes are things that can be used in place of money.


What did the Aztecs use for money?

The Aztecs used cocoa beans as their form of money to trade for goods.


What is artificial currency?

Artificial currency is a type of currency that can be used as a substitute for any form of money that is in public circultaion.


What is functions of monney?

Money is used as a substitute for trading. With money, you are able to diversely choose what it is you want to buy. Before the creation of money, you would have to use what you had to trade for what you wanted. If the other trader did not have interest in what you were trading, they could choose not to trade with you for what you had. The function of money therefore is to make it easier to get what you want.


What does vouchers mean?

A voucher is a documented piece of evidence that can be used as a substitute for money. Vouchers can be in the form of a card, token, or paper document.


What did Maya use as money?

Maya used cacao beans as a form of money, which were valued for their use in trade and as a form of currency. These cacao beans were also used in religious ceremonies and were a symbol of wealth and power in Maya society.


What is noun form of the word substitute?

The noun 'substitute' is a singular, common noun; a word for someone or something that takes the place of another.The noun 'substitute' is a concrete noun when used for a physical person or thing.example: Soy milk is a good substitute for dairy milk in recipes.The noun 'substitute' is an abstract noun when used for a concept.example: Excuses are no substitute for doing the right thing.The word 'substitute' is also a verb (substitute, substitutes, substituting, substituted).The noun form of the verb to substitute is the gerund, substituting.A related noun form is substitution.


What kind of money did ancient mesopotamia's use?

Money wasn't used for trade. They used silver and grain for fixed price money, instead of trade yup


What kind of money did ancient mesopotamia's use -?

Money wasn't used for trade. They used silver and grain for fixed price money, instead of trade yup


How can I substitute the 1099 misc form for reporting my income?

You can substitute the 1099-MISC form for reporting your income by using the 1099-NEC form, which is now used specifically for reporting nonemployee compensation.