Legal tender, High-Powered Money and Fiduciary Money
Legal tender, Bitcoin & Cheques are legal tenders? Meaning of High Powered Money and Fiduciary MoneyWhat you'll learn
- Legal tender, High-Powered Money and Fiduciary Money
- What is the meaning of Legal tender in the context of currency?
- What are the two types of legal tender money?
- Whether bitcoin and cheques are legal tender money?
- What is the meaning of High-Powered Money and Fiduciary Money?
- How does the Central Bank exert control over the dynamics of high-powered money?