Cowrie shells have been used as money is West Africa. This is an example of
A) fiat money.
B) legal money.
C) token money.
D) commodity money.
Correct Answer:
Verified
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A) M1.
B) M2.
C)
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A) is the sum of currency plus
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Q76: M1 is a
A) stock variable.
B) flow variable.
C)
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