Between 1749 and 1760, the quantity of currency per person in South Carolina increased by a factor of 4.3. Over this same period, the price of pound sterling in terms of South Carolina currency was effectively unchanged. Is this evidence consistent with South Carolina's currency being backed" or "unbacked during this period? Briefly explain. d. Between 1760 and 1770, the quantity of currency per person in South Carolina decreased by 63%. Over this same period, the price of pound sterling in terms of South Carolina currency increased by 2.4%. Is this evidence consistent with South Carolina's currency being "backed" or "unbacked" during this period? Briefly explain