With a mint ratio of 15 ounces of silver to 1 ounce of gold and a market ratio of 15.5 ounces of silver to 1 ounce of gold:
a. gold coins should go out of circulation
b. silver coins should go out of circulation
c. paper money will predominate
d. the bimetallic standard will be stable
Ans: a. gold coins should go out of circulation
Business
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