Use of Yap Stones on the Island of Yap Was

question 33

Multiple Choice

Use of Yap stones on the island of Yap was essentially a commodity-backed money

• A) employing Yap stone certificates issued by the Yap tribal council.
• B) which was problematic because the Yap stones were not in limited supply.
• C) whose record of ownership was recorded on stone tablets.
• D) whose record of ownership was stored in the collective memory of the islanders.
• E) which was easy to transport.

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