Which of the following is true about money in the colonies? O Whether with friends or strangers, people found bartering to be convenient O Thomas Jefferson thought the use of money was oppressive O Money tended to change in such a way as to ease and thereby promote commerce O There was no such thing as commodity money or fiat money
Which of the following is true about money in the colonies? O Whether with friends or strangers, people found bartering to be convenient O Thomas Jefferson thought the use of money was oppressive O Money tended to change in such a way as to ease and thereby promote commerce O There was no such thing as commodity money or fiat money
Chapter13: Money And The Financial System
Section: Chapter Questions
Problem 1.5P
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![Which of the following is true about money in the colonies?
O Whether with friends or strangers, people found bartering to be convenient
O Thomas Jefferson thought the use of money was oppressive
O Money tended to change in such a way as to ease and thereby promote
commerce
O There was no such thing as commodity money or fiat money](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc309bd96-0168-41e8-99e5-3b3cdd376c57%2F668e857a-2472-434f-b3c6-bf9ed6946b23%2F7nimvrj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following is true about money in the colonies?
O Whether with friends or strangers, people found bartering to be convenient
O Thomas Jefferson thought the use of money was oppressive
O Money tended to change in such a way as to ease and thereby promote
commerce
O There was no such thing as commodity money or fiat money
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