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book Macroeconomics 13th Edition by William Baumol ,Alan Blinder cover

Macroeconomics 13th Edition by William Baumol ,Alan Blinder

Edition 13ISBN: 978-1305280601
book Macroeconomics 13th Edition by William Baumol ,Alan Blinder cover

Macroeconomics 13th Edition by William Baumol ,Alan Blinder

Edition 13ISBN: 978-1305280601
Exercise 3
Under the old gold standard, what do you think happened to world prices when a huge gold strike occurred in California in 1849 What do you think happened when the world went without any important new gold strikes for 20 years or so
Explanation
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Gold standard
Gold standard refers to t...

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Macroeconomics 13th Edition by William Baumol ,Alan Blinder
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