Problems in American Democracy
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Chapter 31 CREDIT AND BANKING

379. SOME PRELIMINARY DEFINITIONS.-Money may be defined as anything that passes freely from hand to hand as a medium of exchange. Money is of two types: first, coin, including gold, silver, nickel, and copper coins; and second, paper money, including several kinds of certificates and notes. Both types of money, coin and paper, are called "cash." Cr

            
            

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