In POW camps during World War II, nearly everything was traded for cigarettes. For example, one bar of soap cost two cigarettes, and two candy bars cost four cigarettes. During the time of the POW camps, cigarettes:
A. served as money for those who smoked.
B. did not serve as money because their value was not backed by government.
C. served as money because they served as a unit of account, medium of exchange, and store of wealth.
D. did not serve as money because no one controlled the supply of cigarettes.
Answer: C
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