Tag: money

Esteban Montejo Paper

Esteban Montejo Paper

This paper discusses different types of money.

… ” There is only one type of tangible type of money, and that is cash.

8 Cash is either currency or coin. Currency is the paper bill we use and carry in our wallets or pockets. While cash has little or no intrinsic value – no value of its own – it is the most widely and commonly used type of money in the world today (Island Options, 2001).

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