Before the Revolutionary War, clamshells were used by some of the European settlers as commodity money.
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Q314: All assets that are included in M1
Q315: Commodity-backed money's value is guaranteed by a
Q316: A dixie was the first gold coin
Q317: Money is unique because it is the
Q318: Included in the M2 definition of money
Q320: Commodity-backed money is a medium of exchange
Q321: Bank reserves are the currency banks hold
Q322: The monetary base is currency in circulation
Q323: A bank's capital is the sum of
Q324: A central bank is an institution that
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