When the Soviet Union Began Breaking Up in the Late

question 78

True/False

When the Soviet Union began breaking up in the late 1980s, cigarettes began replacing the ruble as the medium of exchange even though the ruble was legal tender. The cigarettes provide an example of commodity money.

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Definitions:

Moral Obligation

A sense of duty or ethical responsibility not enforceable by law but considered binding in personal or social contexts.

Nominal Consideration

A token amount shown in a contract to indicate that a contract exists, often used to satisfy the legal requirement for a contract to be binding but not intended as a true economic value exchange.

New Car

Refers to a vehicle that has not been previously registered and comes directly from a dealership or manufacturer.

Brother

A male sibling or a man or boy in relation to other sons and daughters of his parents.