Solved

The Soviet Government in the 1980's Never Abandoned the Ruble

Question 57

Multiple Choice

The Soviet government in the 1980's never abandoned the ruble as the official currency.However,the people of Moscow preferred to accept


A) cigarettes in exchange for goods and services,because they were convinced that cigarettes were going to soon become hard to come by.
B) American dollars in exchange for goods and services,because rubles were extremely hard to come by.
C) goods such as cigarettes or American dollars in exchange for goods and services,reminding us of the fact that government decree by itself is not sufficient for the success of a commodity money.
D) All of the above are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents