Animal skins,livestock,tobacco,teeth and rocks have historically served as a medium of exchange,unit of account,store of value and method of deferred payment.

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This statement is true. Animal skins, livestock, tobacco, teeth and rocks have all been historically used as forms of currency, serving as a medium of exchange, unit of account, store of value and method of deferred payment. However, over time, these primitive forms of currency were replaced by standardized currency systems, such as coins and paper money.

Animal Skins,livestock,tobacco,teeth and Rocks Have Historically Served as a Medium