When silver and gold were used as money, the quantity and quality of the money were open to question.What was the solution?
A) seashells
B) seigniorage
C) token money
D) coinage
Correct Answer:
Verified
Q36: Which of the following was the earliest
Q37: In order for a commodity to be
Q38: What is seigniorage?
A) the revenue earned from
Q39: When does government receive seigniorage?
A) whenever it
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Q45: Which of the following is legal tender
Q46: How is the value of money fundamentally
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