With reference to Flat Money, consider the following statements
1. It is the money declared by a government to be legal tender.
2. It is the money without intrinsic value.
3. It is the state issued money which is neither legally convertible to any other thing, nor fixed in value in terms of any objective standard.
Which of the statements given above is/are correct?

A) 1 and 2
B) Only 1

C) Only 2
D) All of these

Correct answer:
D) All of these


Please provide the error details in above question

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