Option A. Representative money can be converted into silver or gold ; fiat money can't be, is the correct answer.
The representative word itself shows that it represents something else. The representative money have no intrinsic value on its own but it represents something which has an intrinsic value like gold or silver. It is a claim on a commodity like gold certificates. On the other hand Fiat money is a legal tender backed by government like currencies in most countries of the world.
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The Founding Fathers drew heavily upon English philosopher John Locke in establishing America's First Principles, most notably the recognition of unalienable rights, the Social Compact, and limited government
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Answer:
You should never do any of them!!!
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have a good day :)
Answer:
because it flooded every year