Consider a fruit-growing tropical island economy without money. Under what circumstances would you recommend the issue of paper fiat money by the government of the island? O if the number of goods in the economy remains very small O if islanders do not believe the paper currency notes will be widely accepted by other islanders as final payment for goods and services and in settlement of debts O if islanders have enough confidence in their government to accept paper currency notes that have no intrinsic value and are backed only by a government decree O if the government uses printing presses to finance extravagant government spending What advantages might this strategy have over the use of oranges as money? The money supply would be controlled by the government and not subject to random variation based on islanders' decisions to grow oranges. The money supply would be more durable than oranges, easier to carry, and more divisible. O Paper money would be bulkier to carry and less durable than canges. Paper money would be bulkier to carry and less divisible than oranges. The money supply would be controlled privately and any islander could change the money supply when needed. The money supply would be more durable than oranges, easier to carry, and more divisible