With a pure gold standard
A) a nation may not pursue an independent monetary policy.
B) an inflow of gold will reduce the money supply of a country.
C) there will be a tendency for a too rapid increase in the volume of world trade.
D) a balance of payments deficit will lead to an increase in the domestic price level.
A
Economics
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A) $10.00. B) $7.50. C) $7.00. D) $5.00.
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Economists and accountants both think of profits as total revenue minus total cost, but what they include in costs may differ
a. True b. False Indicate whether the statement is true or false
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