Multiple Choice
A 'good' is more likely to be adopted as money in an economy if:
A) the federal government declares the good be accepted in payment of debts.
B) the federal government declares that the good is legal tender.
C) the good is backed by gold.
D) all citizens accept the good as a means of payment for transactions and debts.
Correct Answer:
Verified
Correct Answer:
Verified
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