Chat with AI
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 6
A goldsmith has $2 million of gold in his vaults. He issues $5 million in gold receipts. His gold holdings are what fraction of the paper money (gold receipts) he has issued?
A) 1/10.
B) 1/5.
C) 2/5.
D) 5/5.
A) 1/10.
B) 1/5.
C) 2/5.
D) 5/5.
Explanation
Verified
Verified
All the other option...
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
