alleryMatch rep backing: 1. Token: p. Paper 2. Backed: q. Bullion 3. Tie: r. Fixed ratio
A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
Representative money stands in direct and fixed relation to the underlying commodity backing it.
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