Related to the Economics in Practice on p. 509: In Santa Cruz, red feathers from the Scarlet Honeyeater bird were used as currency. Assume the value of one pig was 50 rolls of feathers. In this instance, the feathers would be considered a(n)
A) medium of exchange.
B) store of value.
C) unit of account.
D) legal tender.
Correct Answer:
Verified
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