Multiple Choice
Under the gold standard, a chance discovery of gold such as a gold rush would:
A) decrease the general price level.
B) increase the general price level.
C) increase the rate of unemployment.
D) decrease the rate of economic growth.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q76: Under the gold standard, if one United
Q77: A 'fixed exchange rate system' is one
Q78: The 'theory of purchasing power parity' implies
Q79: Suppose that an Xbox One X costs
Q80: When the value of a currency is
Q82: If the rate of inflation in Australia
Q83: One problem with the Bretton Woods System
Q84: Your friend states that (i)a strong dollar
Q85: Which of the following will cause the
Q86: Refer to Figure 15.3 for the following