Adhering to a strict gold standard necessarily means that

A. each nation can vary its money supply in response to domestic economic conditions.
B. no country will experience inflation.
C. no country will have control over its monetary policy.
D. no country will experience deflation.


Answer: C

Economics

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Answer the following statement true (T) or false (F)

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Other things constant, the quantity of money demanded varies directly with the market interest rate

Indicate whether the statement is true or false

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