The kinds of money, Personal possession of currency is

The kinds of money

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Reference no: EM13773881

The kinds of money

Personal possession of currency is prohibited in U.S. prisons, although, in practice, prisoners still exchange goods and services. Until 2003, the year in which the U.S. government banned smoking in federal penitentiaries, cigarettes were the preferred medium of exchange among prisoners. One important difference between using cigarettes and using dollars as money is that______ have intrinsic value.

U.S. dollars are example of_____ money.

Reference no: EM13773881

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