Really only trade would be a money substitute. That is it.
But money substitutes are things that can be used in place of money.
Fiat money is a suitable substitute used for trade barter.
inferior
A suitable substitute for trade is known as fiat money.
When consumers get more money, they tend to substitute normal goods for _inferior_ goods.
Consumers with more money are more likely to purchase luxury goods.
Fiat money is a suitable substitute used for trade barter.
A money substitute is something people can use instead of money.
yes
fiat money
inferior
A suitable substitute for trade is known as fiat money.
When consumers get more money, they tend to substitute normal goods for _inferior_ goods.
Spendthrift
Waste (huge amounts of) money.
Paper money.
1. it is the replacements of borrowed money in the banks.... arghie gonzales2. the borrowed money should be change..
Paper money.