The automatic counter cyclical mechanism that restores employment under the Gold Standard is possible because despite...
The automatic counter cyclical mechanism that restores employment under the Gold Standard is possible because despite the change in the general level of prices, there is one price, the price of gold, in the economy that will not change.
True
False
Homework Answers
Economics
The automatic counter cyclical mechanism that restores employment
under the Gold Standard is possible because despite the change in
the general level of prices, there is one price, the price of gold,
in the economy that will not change.
Answer is
True
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The automatic counter cyclical mechanism that restores
employment under the Gold Standard is possible because despite...
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