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the following questions in response to the podcast A Giant Stone Coin at the Bottom of the Sea. 1) How was the giant stone coin
the following questions in response to the podcast "A Giant Stone Coin at the Bottom of the Sea." 1) How was the giant stone coin created? 2) Why does the giant stone coin have value to the islanders? 3) What were the stone coins used to purchase? 4) What characteristics do the giant stone coins have that qualify them as "money?" Be sure to apply economic theory in your explanation. 5) Make a normative economic statement about the following question: should all countries abide by one medium of exchange (like the Euro)? Defend your reply with positive economic statement(s). [Note: You do not have to express your own opinions as related to the subject.]
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