Maharashtra State BoardHSC Commerce 12th Board Exam
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State Whether the Following Statement is True Or False : Token Coins Are Such Coins Whose Face Value is Greater than Their Intrinsic Value. - Economics

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State whether the following statement is true or false :

Token coins are such coins whose face value is greater than their intrinsic value.

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Solution

Token coins are such coins whose face value is greater than their intrinsic value True .

Concept: Money - Store of Value
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