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Question
Distinguish between the following.
Standard coins and Token coins.
Distinguish Between
Solution
| Standard Coins | Token Coins |
| Standard coins are those whose face value is equal to the intrinsic value. | Token coins are those whose face value is more than its intrinsic value. |
| It is made up of precious metals | It is made up of cheaper metals |
| It includes such items that are short-term in nature | It includes such items that are long-term in nature |
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Money - Store of Value
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