Describing supply of money-commodity and flat money

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1. What is the difference between a medium of exchange and a store of value?

2. What is the difference between commodity money and fiat money?

3. Are credit cards money?

4. Under what circumstance can banks not influence the supply of money?

Reference no: EM1311434

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Describing supply of money-commodity and flat money : What is the difference between the medium of exchange and the store of value? What is the difference between commodity money and fiat money?
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