With regards to money in the colonies,
(a) the colonies did not produce enough of their own precious metals to coin money.
(b) the British did not allow the export of their own coins to the colonies but did not object to foreign coins flowing into the colonies.
(c) the British did not allow paper money created by the colonies to be declared legal tender, but this policy did not prohibit the colonists' use of it.
(d) all of the above apply.
(d)
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If Atlantis has an open economy, then it:
A. has a democratically elected government. B. does not trade with other countries. C. allows imports but not exports. D. trades with other countries.
Which of the following forms of unemployment probably imposes the greatest personal costs?
A. Cyclical unemployment B. Structural unemployment C. Frictional unemployment D. Voluntary unemployment
A perfect-price-discriminating monopoly's marginal revenue curve
A) lies below the demand curve. B) is the demand curve. C) varies for each consumer. D) is the same as the monopolist's marginal revenue curve.
The only way that consumption can be taxed is through a general sales tax
a. True b. False