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:

Vision

A forward-looking statement or concept that outlines what an organization or individual wants to achieve or become in the future.

Mission Statement

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Business Definition

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Customer Value Proposition

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