Under a gold standard, a continual balance of surplus in any country can be sustained only as long as the country's gold reserves hold out

Indicate whether the statement is true or false

FALSE

Economics

You might also like to view...

How is a monopolistically competitive firm similar to a monopoly firm?

A) Both produce where marginal revenue equals marginal cost. B) Both will observe entry into the industry if economic profit is positive. C) Both produce a unique good. D) Both produce where price equals marginal cost.

Economics

When disposable income is 6000, how much is consumption?

Economics