What Was Not a Problem with Using Commodity Money in the US

question 27

Multiple Choice

What was not a problem with using commodity money in the US colonies prior to 1700?

• A) Very few people were willing to accept commodities as payment.
• B) Commodity spoilage rates were high.
• C) Controlling the quality of payments made with commodities.
• D) High storage costs of commodities.

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Definitions:

Peterson's Guidelines

A set of principles or recommendations, presumably named after an individual named Peterson, which could relate to any number of fields or practices depending on context.

Good Things

Positive events or aspects of life that can contribute to one's happiness and well-being.

Nerves

Bundles of fibers that transmit impulses of sensation to the brain or spinal cord, and from the brain or spinal cord to the muscles and organs.

Held Together

A phrase indicating how parts are united or combined to form a whole.