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Question

TheAct enforced the payment of debt in gold or silver.

A
Gold
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B
Currency
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C
Quartering
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D
Stamp
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Solution

The correct option is B Currency
On September 1, 1764, the British Parliament passed the Currency Act, effectively assuming control of the colonial currency system. The Act imposed that debt could only be repaid in either gold or silver. This caused heavy damage to the colonial economy.

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