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Those Who Advocate a Return to a Real Gold Standard

Question 32

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Those who advocate a return to a real gold standard believe that doing so would:


A) allow countries to pursue independent monetary policies.
B) strengthen the power of fiscal policy in influencing aggregate demand and output.
C) reduce unemployment rates by allowing the countries to adjust their money supply to the money demand.
D) reduce national and average global rates of inflation by controlling countries' abilities to expand their money supplies.

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