Multiple Choice
Related to the Economics in Practice on p. 189: In Santa Cruz, red feathers from the Scarlet Honeyeater bird were used as currency. If someone in Santa Cruz had purchased a "huge amount " of these feathers as an investment, then in this instance, the feathers were being held as a(n)
A) medium of exchange.
B) store of value.
C) unit of account.
D) legal tender.
Correct Answer:
Verified
Correct Answer:
Verified
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