Which of the following statements regarding coins is not true? a. coins are usually metal based. b. unlike paper money, the same coins are used in every country in the world. c. the creation of coins is authorized by the government. d. coins are used as a form of money.

b. Unlike paper money, the same coins are used in every country in the world.

Explanation:

Coins are a form of money and their manufacture is authorized by the central government through central banks - the Federal Reserve. For example, in the US, coins are metal fractions of dollars. For example, the 50 cent coin. Coins are unique to each country, as each country adopts its own financial system, except in monetary union situations, such as in the Eurozone, where currencies are the same for all countries in the union.

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