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    The bail out money given to the car companies GM and Chrysle

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    The bail out money given to the car companies GM and Chrysler came from the Fed acting in its role as "lender of last resort"
    true or false

    If product prices were stated in term of tobacco leaves, then tobacco leaves would be functioning primarily as
    a. fiat money
    b. legal tender
    c. a store of value
    d. a unit of account

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    True - the bailout money given to the car companies came from the Fed, and acted as a lender of ...

    Solution Summary

    The bail out money given to the car companies GM and Chrysler came from the Fed acting in its role as "lender of last resort"
    true or false

    If product prices were stated in term of tobacco leaves, then tobacco leaves would be functioning primarily as
    a. fiat money
    b. legal tender
    c. a store of value
    d. a unit of account

    $2.19