Business, 10.11.2020 16:40 marjorieheckaman

In the Economic Organization of a P. O.W. Camp, what kind of currency best describes the paper currency the prisoners made? Fiat, because it was backed by another fiat currency. Fiat, because it wasn't made up of anything that valuable. Commodity, because it was backed by a valuable good. Commodity, because paper was a valuable commodity in camp.

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In the Economic Organization of a P. O.W. Camp, what kind of currency best describes the paper curre...

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