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Under a Gold Standard, If a Country's Exports Exceed Its

Question 167

Multiple Choice

Under a gold standard, if a country's exports exceed its imports, its gold stock _____, money supply _____, and output _____.


A) declines; declines; declines
B) increases; declines; declines
C) declines; declines; increases
D) increases; increases; increases

Correct Answer:

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