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Suppose That the Federal Government Suddenly Declared That Wheat Was

Question 55

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Suppose that the federal government suddenly declared that wheat was to be used as money.What is a possible outcome of that decision?


A) The value of the "wheat dollar" would be unstable depending on crop yields from year to year.
B) Farmers would replace corn and soy crops with wheat.
C) Wheat would function as money so long as people accept it in exchange for goods and services.
D) All of these are possible outcomes.

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