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On Yap Island, in the Pacific Ocean, early inhabitants used large limestone disks, known as Rai stones, as money. Some of these disks weighed as much as a car! Everyone agreed that the stones were valuable and the people utilized them in much the same way we use money today. The weight of the stones and the fact that a Rai stone is difficult to split into smaller denominations would make Rai stones unfit to act as money today because Rai stones could not act as a ________.

1 Answer

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Answer:

Medium of Exchange.

Step-by-step explanation:

Medium of Exchange.

Here Rai stones could not be used as medium of exchange because the weight of the stones and the fact that a Rai stone is difficult to split into smaller denominations would make Rai stones unfit to act as money today.

Money is nothing a medium of exchange hence blank must be filled with the same term.

answered
User Saeid Doroudi
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