I reviewed this problem a couple of times and still arrived at the wrong answer. The first time I thought the answer was A. I reviewed this question for the first time months ago so I do not remember why I thought A was the correct answer. I reviewed this question today and narrowed down the correct answer to B or C. I chose C unfortunately.
I chose C based on what the first sentence in the stimulus said, that most gold coins in medieval Spain came from Senegal which had 92% gold content. From there I inferred that there were other gold coins that came from a different region where the gold content was less. Therefore, there could be a gold coin from Senegal (with 92%gold content) and a coin from a different region (with 80% gold content) worth the same amount.
My understanding of the stimulus is this: most gold coins in medieval Spain came from Senegal which had 92% gold content. The gold coins from Senegal were never refined. Some gold coins in medieval Spain came from other regions. Those coins may or may not have been refined.
Is my understanding of the stimulus correct? I am having a difficult time understanding why B is the correct answer.
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I see what the issue is now. I disregarded the last sentence in the stimulus because it seemed very broad and unrelated to the previous sentences which seemed to be narrowly focused on gold from Senegal. The last sentence helps me understand why B is the correct answer.