Which type of money is being used here? Explain briefly. a) Tea bricks (tea leaves pressed together) used between the 9th century and the first World War in China, Mongolia, Russia and Tibet. b) Rye Mark, paper money used by Germany that could be redeemed for a certain amount of rye (a type of grain).

Which type of money is being used here? Explain briefly. a) Tea bricks (tea leaves pressed together) used between the 9th century and the first World War in China, Mongolia, Russia and Tibet. b) Rye Mark, paper money used by Germany that could be redeemed for a certain amount of rye (a type of grain).

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter14: Money And Banking

Section: Chapter Questions

Problem 1AA

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