The country of Brieonia has an economy that is based largely on farming and agricultural products. The

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The country of Brieonia has an economy that is based largely on farming and agricultural products. The inhabitants of Brieonia use cheese as their money.

a. Not surprisingly, the Brieonians complain bitterly about the problems that their commodity money creates. What are they?

b. Modern medical science arrives in Brieonia, and doctors begin giving the Brieonians cholesterol tests. The results lead to the recommendation that the Brieonians reduce the amount of cheese they eat. What is the impact of this recommendation on their economy?

c. As the economy of Brieonia becomes industrialized, what changes in the monetary system would you expect to see, and why?

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